POST-WAR ENTERPRISE
BANKS ANXIOUS TO HELP SMALL VENTURES London, Jan. 24. Financial interests are preparing to back the small business man of enterprise and character to the extent of £1.000.000.000 after the war. This is disclosed in statements by the chairmen ' Britain's five big banks. The “Daily Mail” says that more money than ever before in the history of Britain will be available for supporting new ventures and developing old ones which retain the spirit of enterprise. The small-town shopkeeper, the local builder, the man with a small factory, the engineer with ideas and the inventor —anybody capable of mak ing good—will find the banks ready to help. The chairman of Lloyds Bank, Lorv Wardington, estimated that his bank alone could advance another £200,000, 000 if conditions were anything likt normal, and it would still be lending only 50 per cent, of its deposits.
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Nelson Evening Mail, Volume 79, 25 January 1944, Page 2
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144POST-WAR ENTERPRISE Nelson Evening Mail, Volume 79, 25 January 1944, Page 2
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