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Business bank proposals unveiled by Welsh Conservatives

Businesses could borrow public money via high street bank branches under a scheme proposed by the Welsh Conservatives.

The plans aim to make it easier for small and medium-size companies to get taxpayer-backed loans.

The party is proposing to split Wales into six regions each with its own economic character.

Small and medium-sized businesses could then borrow public money via high street bank branches.

Plaid Cymru has also unveiled a plan for a regionally-organised national Bank of Wales.

Andrew RT Davies, leader of the Welsh Conservatives, told Peter Johnson of BBC Radio Wales he wanted to see more localised decision making.

  • 21 Jan 2013