The £15bn fund, which equals the largest SME fund
Across sectors, £2bn will be allocated for SMEs trading internationally while £1.2bn has been put aside for agriculture. An additional £500m each has been earmarked for the tech sector and franchise businesses.
Head of business banking at HSBC
He said many firms see "a real opportunity" to grow, whether that be overseas or domestically, given the "incredible resilience" of consumer spending.
(c) 2023 City A.M., source