East Antrim MP Sammy Wilson has said that he was surprised to find out that the Treasury did not set regional targets for Project Merlin, the agreement between the Government and the main banks which was meant to increase lending, especially to small businesses. Mr Wilson uncovered the information in a Parliamentary Question to the Treasury.
Sammy Wilson said:
“I find it strange that no regional targets were set for Project Merlin. Surely the Government should have been concerned not only about nationwide lending increases, but increases in lending right across and in every region of the country.