The government has met with business leaders and finance experts to discuss supply chain finance, it has been revealed.
Business minister Mark Prisk met with representatives from some of the UK's biggest firms to establish whether lenders are doing enough to help out the UK's small and medium-sized enterprises.
He noted that small businesses will be "critical" to the economic recovery and helping them access a range of finance options is essential for those firms looking to expand and grow.
"Supply chain finance is clearly an option that all large corporates should consider providing. It is one option that could help plug the funding gap of their suppliers while looking to cover working capital as they await payments," Mr Frisk said.
It comes after a new report by the UK Energy Research Centre suggested that a lack of manufacturing competition, planning and supply chain constraints, along with rising material prices, have increased the capital costs of offshore farms to more than £3 million per megawatt.
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