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A Guide to the supply chain finance scheme, implemented with great success in the sub-prime recession of the USA, whereby large corporate businesses could potentially provide up to £20bn of additional funding to their SME suppliers.
In October 2012, after an initial discussion with the Bank of England and some of the largest UK companies (including Carillion and Balfour Beatty), the then Prime Minister David Cameron spoke about the significance of reviewing the supply chain financial market and stressed that the Government understood the importance of creating sustainable a means for protection and growth of SMEs.
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