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SCC WELCOMES NEW BUSINESS SUPPORT INVESTMENT
Commenting on the announcement by the Chancellor of the Exchequer of a £4bn loan package designed to assist small businesses, Liz Cameron, Chief Executive of Scottish Chambers of Commerce, said:
“We welcome this announcement of additional investment aimed at opening up finance opportunities for small businesses throughout the United Kingdom. Many of our member businesses across Scotland have been reporting increased difficulties in securing affordable credit arrangements, and it is vital that this is addressed quickly as businesses enter the crucial winter period.
“The task for the banks is now to ensure that the investment which we have made in them is transformed into the increased availability of credit to our small businesses in Scotland.”