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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