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Proceeding contribution from George Osborne (Conservative) in the House of Commons on Tuesday, 29 November 2011. It occurred during Ministerial statement on Autumn Statement.

Autumn Statement

Yes, I think that we all want to see a move to a banking system that is more responsive to local businesses and local people and that is not just based on a computer model that allocates credit and the computer says no. We want to return to having local bank managers empowered to make decisions, and a number of banks are doing this. One of the notable successes at the moment is Handelsbanken, which is out there lending money to small businesses and taking more of this local approach.

Secondary information

Type
Proceeding contribution
Reference
536 c844 
Session
2010-12
Chamber / Committee
House of Commons chamber
Subjects
Business Development aid Borrowing Health and safety Energy Infrastructure Excise duties Fuels Government assistance Economic situation Forecasts National income Pre-school education Pay Workplace pensions Planning Public sector Public expenditure Mortgages Railways Loans Public finance Public sector debt Social security benefits State retirement pensions Schools Young people Transport Taxation Unemployment Science Economic recession Autumn statement Office for Budget Responsibility Bank levy
Link
View this Proceeding contribution on www.publications.parliament.uk