UK businesses to benefit from a landmark £11 billion lending package to help them invest and expand abroad, to grow their businesses and the economy.

The lending commitment, from the UK’s five leading banks, is one of the largest collective moves by the banking sector in over a decade.

Senior executives from NatWest, HSBC UK, Barclays, Lloyds and Santander finalised an agreement with the Government last week at a roundtable in Westminster convened by the Business Secretary and the CEO of UKEF Tim Reid.

Together, the banks serve half of all British businesses across all corners of the country.