MMC London aims to help new businesses with £22m fund

Small and medium sized businesses could be in a position to bid for a share of a £22m investment fund.

The MMC London Fund aims to give money to firms that look like they will create jobs.

Businesswoman Debbie Wosskow says it is difficult to get investment from banks while Rory Stirling talks about the funds aims.

Deputy Mayor for Business and Enterprise, Kit Malthouse, says he hopes the fund will boost the jobs market.