BRITAIN'S BUSINESS.
SIGNS OF IMPROVEMENT. GOVERNMENT GUARANTEES. LONDON, Nov. 27. The financial editor of the Times states that the bankers' report shows distinct signs of business improvement, attributable to the marked financial activity of the past two months, daring which £60,000,000 was raised in loans, mainly for the Dominions and colonies. The reduction of the bank rate contributed to the improvement. The Trade Facilities Act, designed to relieve unemployment, is now operating, and applications are invited for Government guarantee of loans for capital undertakings, whether for the United Kingdom or abroad. Preference will bo given to applications for undertakings within the Empire. As the total guarantee is limited immediate application is necessary.
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Bibliographic details
New Zealand Herald, Volume LVIII, Issue 17957, 6 December 1921, Page 7
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112BRITAIN'S BUSINESS. New Zealand Herald, Volume LVIII, Issue 17957, 6 December 1921, Page 7
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