I’ve been calling for a government-backed business lending bank for ages so you will forgive me if I’m now becoming a little frustrated that, after such a promising announcement, the actual details of how it will work, who will be eligible, and even how much money it will have to lend out, are still not available.
If the Olympic motto was ‘inspire a generation’, the motto of the unemployment figures published today should be ‘invest in a generation.’
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