Proceeding contribution from Geoffrey Robinson (Labour) in the House of Commons on Wednesday, 18 March 2009. It occurred during Opposition day on The Economy.
The Economy
Unusually, I am not following the hon. Gentleman’s point. Is he saying that there will not be any need for, or we should not make available, subsidised or guaranteed loans, which are one and the same thing, in a recession, which is precisely the period when companies cash flow and profits drop because volumes drop? It is that period that the Opposition’s ill-conceived or not yet explained loans scheme is designed to cover.
Secondary information
- Type
- Proceeding contribution
- Reference
- 489 c956
- 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
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- 2024-04-21 10:17:00 +0100
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