Governor of Bank of England disagrees with policies of former East Devon Business Forum

28 Nov

http://www.theguardian.com/business/economics-blog/2013/nov/28/mark-carney-george-osborne-housing-market-boom

The Governor of the Bank of England says we need to support small businesses not the housing market.

and here:

http://www.bbc.co.uk/news/business-25137444

Mr Carney said: “The changes announced today refocus the Funding for Lending scheme where it is most needed – to underpin the supply of credit to small businesses over the next year – without providing further broad support to household lending that is no longer needed.”

Not what the former East Devon Business Forum was telling us …  .

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