I am not familiar with all the details, but I believe that there are three specialist institutions in the business, none of which is now working. All their potential customers are being left high and dry, with disastrous consequences. That is a clear example of market failure: the Government should intervene and deal with such situations, but that is not happening.
The Economy
Proceeding contribution from
Vincent Cable
(Liberal Democrat)
in the House of Commons on Tuesday, 31 March 2009.
It occurred during Debate on The Economy.
Type
Proceeding contribution
Reference
490 c819
Session
2008-09
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2024-04-21 10:41:38 +0100
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