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Proceeding contribution from John Butterfill (Conservative) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.


The Economy

Does my hon. Friend agree that it is very worrying that one of Bournemouth’s leading construction and engineering companies has written to me saying that it has tried to get one of these guaranteed loans, but the banks will accede to that only if the directors give a personal guarantee? That negates the whole objective of guaranteed loans, does it not?


Secondary information

Type
Proceeding contribution
Reference
489 c936-7 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Business Banks Advisory services Borrowing Finance Financial services Financial institutions Government departments Income Government assistance Financial markets Government shareholding Economic situation Pay Public expenditure Mortgages Pension funds Monetary policy Regulation Taxation VAT Unemployment Government guaranteed credit Loan guarantee scheme
Link
View this Proceeding contribution on www.publications.parliament.uk