http://www.citywire.co.uk/personal/-/news/money-property-and-tax/content.aspx?ID=323082&re=4316&ea=55722
Notice anything? The banks had no idea of the proposal - and anyway they haven't signed up to anything - just prepared to " work with" the government.
Looks rather as if he had a headline-catching soundbite pop into his head.
This is exactly what is NOT needed. Despite all the spin and rhetoric about difficult decisions for the long-term good of the country, these economic morons are rushing about throwing out more and more ideas, some actually self-contradictory.
We need a period of NO new initiatives NO new legislation and a CUT in quite a lot of the existing un-enforceable laws we already have which no-one understands properly.
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