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Industry and Exports (Financial Support) Bill

My hon. Friend knows that I was in business long before I became a Member of Parliament and I am therefore well aware that banks require guarantees for lending. However, they do not require double guarantees—double indemnity. I am disappointed that the Minister did not correct me—I hoped that he would—and say that there would be an imposition on the banks, so that they would not ask for a guarantee from companies as well as from the Government. They should have some guarantee, but not 100 per cent.—