Skip to main content

Proceeding contribution from Vincent Cable (Liberal Democrat) in the House of Commons on Tuesday, 31 March 2009. It occurred during Debate on The Economy.


The Economy

I am not familiar with all the details, but I believe that there are three specialist institutions in the business, none of which is now working. All their potential customers are being left high and dry, with disastrous consequences. That is a clear example of market failure: the Government should intervene and deal with such situations, but that is not happening.


Secondary information

Type
Proceeding contribution
Reference
490 c819 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Debts Banks Capital investment Credit Bank of England Government assistance Financial Services Authority Economic situation International Monetary Fund Loans Regulation Tax avoidance Taxation Economic recession G20 World economy
Link
View this Proceeding contribution on www.publications.parliament.uk