small business fund

PM looks for £12 billion EU Business Fund

Brown Seeks EU Small Business Fund

It has emerged this afternoon that Gordon Brown is flying to Paris for an emergency summit of EU leaders in an attempt to stem the problems arising from the current economic situation. The PM will be meeting the leaders of France, Germany and Italy along with head of the European Central Bank, Jean-Claude Trichet, and President of the European Commission José Manuel Barroso. The meeting, called by French President Nicolas Sarkozy, comes the day after the $700billion Wall Street "bail out" and after comments by the French finance minister that France risks a second successive quarter of negative economic growth. Gordon Brown’s focus is on a £12 billion fund to help sustain Britsh Small Business whilst economic conditions still remain challenging. Speaking outside Number 10,... »