Oral answer to question provided on Wednesday, 25 January 2012 in the House of Commons, by Lord Cameron of Chipping Norton (Conservative), Prime Minister.
Engagements
- Answer
-
What I have done is put in place the Merlin agreement, which actually led to an increase in bank lending last year. What we now have in place is a massive credit easing programme, which the Chancellor announced in the autumn statement, that will kick in this year and make sure that banks are doing what banks ought to do in a free enterprise economy, and lending to businesses large and small.
This is an answer to the Prime Minister's question asked on Wednesday, 25 January 2012 by Lindsay Roy (Labour).
- Question
- The Prime Minister has said that it would be ““a personal betrayal if banks failed to increase lending to businesses””. Yet last week the Bank of England stated that businesses are still not getting the investment that they need from the banks. Have the banks betrayed the Prime Minister, or has the Prime Minister betrayed businesses?
Secondary information
- Type
- Oral answer to question
- Reference
- 539 c297
- Session
- 2010-12
- Chamber / Committee
- House of Commons chamber
- Subjects
- Business Loans
- Link
- View this Oral answer to question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2014-09-01 20:53:02 +0100
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