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Installation with the word 'Service' in Barclays' world headquarters.

1 Churchill Place in London, Barclays' global headquarters.

New figures released on 2 September by the Bank of England show that since the Funding for Lending Scheme (FLS) began, Barclays has increased net lending in the UK by £7.49bn.

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We want to lend wherever there is an opportunity to responsibly do so.
Steve Cooper, Barclays

“We want to lend wherever there is an opportunity to responsibly do so,” said Steve Cooper from Barclays.

“We also pass on all the benefits we get from FLS directly to our customers. One way in which we’re doing this is through our Cashback for Business loan, which we launched last year and provides our SME customers with an instant cashback injection of 2% on loans, which will immediately boost a business’ cash flow.”

The Bank and HM Treasury launched the FLS in July 2012 and it provides funding to banks and building societies to boost their lending to the UK economy.

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