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Mr Osborne said Labour were implementing a Conservative proposal
Tories: Labour stole our loan scheme

By Ian Dunt Labour has stolen the Conservative’s loan guarantee scheme despite repeatedly ridiculing it, shadow chancellor George Osborne has claimed. The accusation follows reports Lord Mandelson, business secretary, will unveil a Labour version of the scheme tomorrow, with loans of up to £1 million for small and medium-sized companies being underwritten by the taxpayer…. Read more »

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Economic downturn deepens at alarming pace

By Laura Miller and Ian Dunt The economic downturn is deepening at an alarming pace, according to new findings published today. A survey by the British Chambers of Commerce (BCC) – which measured activity across almost 6,000 businesses employing over 680,000 people – compiled results that are “the worst on record for both manufacturing and… Read more »