George Osborne and Vince Cable anxious that rationing of lending to small businesses could reverse recovery from recession but banks claim there is no demand for credit
Vince Cable and George Osborne expect the property boom to be back, in 2015/16 stamp duty related taxes will fill the exchequer with £17.7bn, bulk of it from property sales
It lost the role of regulator to the FSA in 1997 for failing to prevent crises. Then it got the job back from the FSA, because it, in turn, failed to prevent crises. Plus ça change…
Labour's system of regulation had failed spectacularly, the chancellor said, as he handed oversight of UK financial institutions to the Bank of England