Liberal Democrats in Business

News and views from the Lib Dem Trade and Industry Team, Vince Cable and Brian Cotter

Chancellor Failing Economy

12.56.23pm BST (GMT +0100) Thu 8th Jul 2004

Commenting on the decision by the Bank of England to keep interest rates unchanged, Vince Cable MP, Liberal Democrat Shadow Chancellor, said: "People want to know that their homes are secure in uncertain times.

"The Bank is caught between dealing with the weaknesses in the economy, and curbing the consumer boom.

"Gordon Brown must urgently address the failures that have allowed banks to lend irresponsibly and fuel unsustainable levels of debt."

[Print this story]
[Previous story]: Government Must Admit True Cost of Attracting Investment (Wed 7th Jul 2004).
[Next story]: Tough Choices Ahead on Public Spending (Mon 12th Jul 2004).
[Other news stories from July 2004 (19)]

Printed and hosted by Prater Raines Partners, 16 Riviera Court, Sandgate High Street, Folkestone CT20 3RP.
Published and promoted by Liberal Democrats in Business, 4 Cowley Street, London SW1P 3NB.
The views expressed are those of the party, not of the service provider.