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Originally Posted by Arthurgray50@blu
Look at it this way, IF governments encourage banks to loan out money to small businesses, tell me which bank is prepared to lend money to a small business with no hope of getting there money back in the present climate.
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did you even read the article or did you just see the words "osborne" and "budget" and start ranting ?.
The government want to guarantee some loans to small companies so that the banks will lend them money for investment and stopping them closing down
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When we had the last London Riots, way back when l had my own business, l went to a well know NW bank, and ask for a loan to cover me for three months, thats all l needed, do you know what they said - IF l had a house, they would put a mortage on it, BUT they said NO.
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That's how it works Arthur ,if you have collateral then the banks may lend up to the value of that collateral if you don't then they won't
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The government CANNOT invest in jobs, as there ins't any, what they have to do, is STOP giving contracts abroad, they give out stupid training schemes, which are a total waste of time, as l have been on them.
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They aren't investing in jobs they are trying to create a enviroment where jobs will be created
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The only way that this country can get back on its feet is simple, the government have got to get the economy moving, stop interefeing in other countries problems, stop the cuts before they get to bad. And use tax payers money(as they do anyway) to get everything rolling and stop talking bull ****.
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That's what they are trying to do
