Posts Tagged ‘loan’

Reports: Government to axe £80m nuclear industry loan
BusinessGreen.com staff, BusinessGreen , Thursday 17 June 2010 at 11:47:00 Announcement on low-carbon loan expected later today The government is reportedly poised to axe a planned £80m loan to nuclear engineering firm Sheffield Forgemasters, in a move that is bound to spark questions over its support for low-carbon industries. The Financial Times reported this morning that the loan, to finance …

Source: GM to repay government loan before June
General Motors Co. will fully repay the $6.7 billion loan portion of its U.S. government aid earlier than its previously promised payback date of June, a person briefed on the plans said Monday.

GM gets £270m loan guarantee from UK government
LONDON (SHARECAST) – The UK government is providing a £270m loan guarantee to General Motors’ UK operation Vauxhall. Business Secretary Peter Madelson says that talks are continuing with GM and other European governments over funding terms and the implementation of a business plan.

N.B. bakery gets $300,000 loan from government to help expand, protect jobs
The New Brunswick government is providing a $300,000 forgivable loan to help expand a Moncton bakery.