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I don’t want to pay roaming charges when I go on holiday in Spain or Greece. Why should I pay these outrageous bills when I know that, in the States, they pay a tenth of the amount?”
Only this morning, the Clydesdale Bank reported that it had suffered an 80 per cent increase in bad debts due to the drop in the value of commercial property.
The Liberal Democrats have been clear for some time about the need for a different kind of regulation and a different kind of financial organisation that splits off investment banks. Investment banks should no longer be regarded as too important to save.
Quite honestly, at this point in time the banks are not playing. The Government needs to find a way to help with finance or put a guarantee behind investment to give the banks a little bit more comfort.
She described the application form as difficult, however, and she gave up a week of her holidays to go so that the school did not have the problem of back-filling her post.The visit was very helpful.