Wednesday, 26 January 2011

Government's weak proposals for bank lending watered down even further

Indications last weekend that the banks were stalling on their negotiations with the government over bonuses and lending to small businesses now look to have resulted in the government watering down its plans, according to City A.M.

It looks like that although Osborne has no plan B for the rest of us, he's willing to compromise with the banks. A lot.

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