King says government must set incentives for banks to lend

(Reuters) - The government should set incentives for banks to boost lending to credit-strapped small and medium sized companies, Bank of England governor Mervyn King said on Tuesday, defending the bank's decision to focus its asset purchases on gilts.<img width='1' height='1' src='http://mf.feeds.reuters.com/c/871/f/415342/s/198b196d/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=King+says+government+must+set+incentives+for+banks+to+lend&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F10%2F25%2Fuk-britain-boe-king-idUKTRE79H69O20111025%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=King+says+government+must+set+incentives+for+banks+to+lend&link=http%3A%2F%2Fuk.reuters.com%2Farticle%2F2011%2F10%2F25%2Fuk-britain-boe-king-idUKTRE79H69O20111025%3FfeedType%3DRSS%26feedName%3DtopNews" target="_blank"><img src="http://res3.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div><br/><br/><a href="http://da.feedsportal.com/r/117145732696/u/0/f/415342/c/871/s/198b196d/a2.htm"><img src="http://da.feedsportal.com/r/117145732696/u/0/f/415342/c/871/s/198b196d/a2.img" border="0"/></a> [More]

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