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New Start-Up Scheme Launched

david-cameronDavid Cameron has launched a new initiative – a start-up loan scheme to help young people in the UK set up a business.

The £82m scheme will mean people aged between 18 – 24 years old can apply for a loan of around £2, 500.

The start-up loans will need to be repaid during the next five years. It’s hoped the scheme will encourage more young people to start their own business and to help with the growth of the economy.