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Having low taxes for businesses. that s part of getting them here and keeping them here. how dowry spond to the arguments of the other two nick clegg? i think we all must agree on investing in new technologies. young people are developing vocational qualifications which we need for the skills of the future. it is basically what all the parties agree on. unless you have banks helping businesses, it is extremely difficult for them to expand their products and invest in their factories and actually invest in trading new jobs. who would have thought in birmingham of all places that a bank you own should have been involved in lending money, money that you have given to them in the bailout, the tax bailout, should have used the money to fund or help fund kraft, the american ....
Old tory party. let s explore. let me make one important point. having learned the lesson of having to bail out the banks, the next lesson is we must not put ourselves in the position to bailout other economies. and people need to know people are in favor of joining the euro. as late as last year, nick clegg said the euro would be an anchor for the economy. if we were in the euro, your taxes and national insurance would not be going on hospitals and schools and police officers. they would be going to greece and possibly other countries is women. as well. this is really getting desperate. it was good for your jobs and good for pensions and good for savings at a cost that always has to be decided if we were to do that as a country. can i go back to the issue ....
Limit and i can t get a loan. we stuffed the banks full of money and they are not lending. we need a government that will roll up their sleeves and stop trying to defend their hopeless record and recognize we need change. thank you, mr. cameron. we have a lot more on the economy. we have a question from gene simpson, please. this area used to be full of businesses that made things. so many of them are being shutdown, sold off and gone abroad. i want to know how you propose to rebuild the country s manufacturing industries. we can t just have offices and shops. we can t just have offices and shops. i strongly agree with you, gene. i m an mp from a city sheffield who is proud of their industrial heritage. three things, first thing is to get the banks lending. if you don t get them going it is like blood circulating. i was at a small company a few ....
Industries of the future. i believe biotechnology is very good at biotechnology as well as defense. we as a government are investing with these companies in the equipment they need for the future. i am optimistic about the british economy. i am optimistic about this region. what i insist on is the banks do land. that s why we appointed an arbitrator where people are dissatisfied with what the banks decide. they can go to them and we will back them up. secondly we will continue to give investment allowances which will be abolished by the conservatives. and we will maintain the development agencies which again the conservatives want to remove. it is very important we back regional manufacturing in this great center. just a reminder. the birmingham area was full of things that made things. so many have been shutdown or sold off and gone abroad. i want to know how you propose to rebuild the manufacturing ....
david cameron. what i say to what the prime minister just said, if you look at the labor record over the last 13 years, they did very much hitch the whole fortunes of the economy to the city of london. we got in a situation where we end #ed up with the economy having to serve the banks and the other way around. i assume the banker was probably fred goodwin, so-called fred the shred. it was this government that gave this man a knighthood for services to banking. he not only broke his own bank , he very nearly brought down the whole economy. so there are big, big less sons to learn. the most important is we put the bank of england back in charge of regulating the banks and give them the specific duty of calling time on debt in the economy. things got completely out of control. the banks were regulated, but badly. the one party that wants to scrap the current system and put the bank of england back ....