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Proceeding contribution from Lord Darling of Roulanish (Labour) in the House of Commons on Wednesday, 8 July 2009. It occurred during Ministerial statement on Reforming Financial Markets.


Reforming Financial Markets

The need to get lending going—particularly for small and medium-sized enterprises, but for others, too—is urgent. Measures are already in place to try to ensure that that happens. I know that concerns are being expressed in the different parts of the country and different sectors where that is not happening sufficiently. That is why I welcome the announcement today by Prudential that it intends to lend to medium-sized companies. The SME sector is of particular concern, simply because of its size and the number of people whom it employs, not just in Northern Ireland but in the rest of the country, too. We have to step up our efforts to make sure that we get that lending going.


Secondary information

Type
Proceeding contribution
Reference
495 c984 
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
Consumers Banks Cooperation Competition Advisory services Bank of England Finance Education Investment Financial services Financial institutions International cooperation Financial Services Authority Interest rates Financial markets Personal savings Protection Pay Management Mortgages Loans Regulation Treasury Government guaranteed credit Financial Services Compensation Scheme Council for Financial Stability
Link
View this Proceeding contribution on www.publications.parliament.uk