Barclays, HSBC and Lloyds ditch plans to hike interest rates on loans after ministers’ warning

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Banks were forced into a humiliating retreat last night after ministers warned them not to exploit an emergency loan scheme set up to support crisis-hit firms. 
In a major U-turn, Lloyds, Barclays and HSBC scrambled to ditch a controversial clause forcing de… [+3742 chars]Source

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