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UK Treasury Says Healey to Announce £20.4 Billion for State-Backed Lenders

Finance minister John Healey is expected to announce £20.4 billion of additional support for the state’s business lender and infrastructure bank in Wednesday’s budget, the Treasury said.

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British finance minister John Healey is expected to announce £20.4 billion ($27.3 billion) of additional support to the state's business lender and infrastructure bank in his budget on Wednesday, the Treasury said, confirming a newspaper report.($1 = 0.7478 pounds)