UK Plans 20 Billion Pound Boost for State Lenders
British finance minister John Healey plans to announce over 20 billion pounds in additional support for the National Wealth Fund and British Business Bank during Wednesday's budget.
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United Kingdom finance minister John Healey will inject £20.4 billion ($27.3 billion) into two state-backed lenders during his Wednesday budget presentation. The capital injection targets long-term infrastructure and business growth across the United Kingdom.
