Over the last year or so I have lost count of the number of times that Alistair Darling, Gordon Brown and myriad other government ministers have claimed that they are going to get banks lending to small businesses again at decent rates. Despite their numerous interventions and despite the fact that many of the banks are partially or largely owned by the taxpayer, so far the government has not been able to get them to change their approach. Darling was at it again yesterday.
Jeremy Corbyn and the emperor’s new clothes
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