On the day the British Chamber of Commerce described economic figures for the fourth quarter as "truly awful... unprecedented... no positive features", Lord Mandelson's Department for Business, Enterprise and Regulatory Reform was busy leaking plans for a £20bn guarantee for small business loans in another attempt to free up credit for businesses.
We're sure the original bank bailout was supposed to guarantee just that kind of lending, but hey, we're not highly-paid economists.
Indeed.
But what Lord Mandelsnake of etc., etc. really needs to be sharing with small businesses is how he managed* to buy such a nice place on such a minging salary. Because that's pure gold, that is, whatever he's done.
Update: Gweeds has more. Heh! Heh!
* Tip of the old clown wig to Guido.
3 comments:
Here's 37 BILLION that the tax payer is going in to decades of debt for. Now lend it back out again.
Ta, now fuck off
PS. Can we have some more, you stupid cunts?
Every time that the politicians fiddle about with the economy they spin it further out of control.
Leave the fucking thing alone!
It,s Herefordshire not Herts. I do wish you youngsters could get your Geography right. Otherwise I agree
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