Insurers attack Government over trade credit top-up flop

Government claims industry hasn't embraced scheme

The insurance industry is at loggerheads with the Government over who is to blame for the failure of the trade credit insurance scheme.

At a recent London press conference, the Secretary of State for Business, Peter Mandelson, indicated that it was extremely unlikely that the £5bn Government trade credit top-up scheme would be extended into 2010.

Edward Rimmer, chief executive at Bibby Financial Services, said the support package, due to finish at the end of December, had only been accessed by

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