JOHN Swinney will maintain pressure on banks to lend to Scottish businesses, claiming the Project Merlin agreement between the UK Government and lenders appeared to be having little effect.
THINKING CAP: John Swinney, left, is determined to ensure banks continue to support small businesses in Scotland. Picture: Julie Howden
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The Cabinet Secretary for Finance, Mr Swinney also said he had asked Scottish Enterprise to help companies prise money out of banks, a role the agency appears ready to fill.
The chief executive of Scottish Enterprise, Lena Wilson, says she has already been involved in some negotiations between client companies and banks.
