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Ministers hope the loan, from a commercial bank and underwritten by the government, will give certainty to suppliers.
The chancellor calls for an 'ambitious' deal as she looks to boost growth ahead of the 26 November Budget.
The luxury department store says stolen information includes names and contact details.
The union says payment delays from the Teachers' Pension Scheme have left many in financial disarray.
The US president said the move aims to help protect American manufacturers from foreign imports.