Financial Times FT.com

Barclays to offer additional loans

By Peter Thal Larsen and George Parker

Published: April 3 2009 23:31 | Last updated: April 3 2009 23:31

Barclays is preparing to commit itself to billions of pounds of additional lending to UK businesses and homeowners in spite of its decision not to seek government protection for its toxic assets.

The bank is expected to follow Royal Bank of Scotland and Lloyds Banking Group in making promises on new lending, in a move that would go some way to improving strained relations between Barclays and the Treasury.

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