The "funding for lending" (FLS) scheme

The "funding for lending" (FLS) scheme

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Digga

Original Poster:

40,349 posts

284 months

Wednesday 1st August 2012
quotequote all
What's the opinion here? A constructive move or just another sham like Project Mervyn Merlin?

http://uk.reuters.com/article/2012/08/01/uk-britai...

My own view is that the government is torn between the economic realisation that the recession is dire which dictates they act (certainly do more - tax cuts etc.) right now and their political desire to save a few giveaways for nearer to election time.