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Investments News - Last Updated Thursday 20th November 2008 Free finance guides Bookmark and Share
Gordon Brown steps forward for UK small businesses




Thursday 20th November 2008

Yet against Gordon Brown has been forced to remind the UK banking sector of its new obligations towards small businesses and finance. This comes in the wake of a report suggesting that the £700 billion rescue package has yet to have a material impact on the internal money markets which will lead the UK out of recession.

Tory leader David Cameron has today criticised Gordon Brown and his recent record, suggesting that much of the funding used of late has been wasted and has had minimal impact as yet. The exchanges between Brown and Cameron have become more volatile and more ruthless of late as both attempt to grab the middle ground of the UK public which will determine who wins the next general election.

Gordon Brown will need to push home some of his earlier promises as there are signs that the banking rescue package may be falling apart at the seams and taxpayers cash could well be lost for ever. We have also seen the Tory party tried to distance itself from Labour and its recent economic decisions even though there had been a cross-party agreement to put the economy first.

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