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Proceeding contribution from Baroness Kramer (Liberal Democrat) in the House of Commons on Monday, 2 February 2009. It occurred during Opposition day on Government Capital Expenditure.


Government Capital Expenditure

The hon. Gentleman is generous in giving way. Does not he agree that, at least in my constituency, banks are not lending, not because they perceive companies as too high a risk—it is not a guarantee issue—but because they simply refuse to lend? Perhaps the reason for that is that they are not aware of the bad assets on their books and they cannot tap the broader financial markets.


Secondary information

Type
Proceeding contribution
Reference
487 c617-8 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Banks Construction Capital investment Housing Finance Fiscal policy Economic situation International Monetary Fund Public expenditure Schools Economic recession
Link
View this Proceeding contribution on www.publications.parliament.uk