§ 26. Mr. O'HaraTo ask the President of the Board of Trade what plans he has to assist small firms in obtaining long-term finance; and if he will make a statement.
§ Mr. McLoughlinThe Government firmly believe that finance for all businesses is a commercial matter for the banks and other financial institutions. However, where there are clearly identified gaps in provision, the Government intervene with measures such as the small firms loan guarantee scheme. We will continue to remind the banks and others of the need to provide more long-term finance for small businesses.