Financial Times FT.com

Mandelson readies aid for supply chain

By Jean Eaglesham and Kiran Stacey

Published: January 14 2009 22:21 | Last updated: January 14 2009 22:21

A multi-billion-pound state guarantee scheme underpinning vital supply chain insurance will be unveiled by Lord Mandelson within days, say government insiders.

The plan will respond to concerns that hundreds of supply chains are being threatened by the recession-fuelled reduction in credit insurance, which protects companies that supply goods on credit against the risk they will not get paid.

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