| Bank of England extends lending scheme | The Bank of England expanded its Funding for Lending Scheme on Wednesday, extending its availability to the start of 2015, increasing the incentives available to banks to lend to small companies and including some non-bank providers of credit in the scheme for the first time.
The FLS scheme already offers lenders cheaper funding than available in financial markets in return for lending to households and companies and the new extension will shift the focus to small and medium-sized businesses
http://link.ft.com/r/M2ZOXX/VTA4UE/0GYAOM/HY55E2/4VJE2L/MQ/h?a1=2013&a2=4&a3=24
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