Inland Plc (INL.L) said it has signed a GBP 10 million revolving credit committed bank facility with its bankers, National Westminster Bank Plc.
The new facility is committed to 15 December 2009 and is secured on some of the group's land and property assets. The reduced level of the facility is mainly due to the low loan to values offered by the bank, which are as little as 30% on unconsented sites.
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.