Banks must act to help support the UK car industry
6th July 2009
Commenting on the news that the UK's car scrappage scheme has
started to have a 'positive impact' on the industry as new car
sales fell at their slowest rate for almost a year, Tony Woodley,
Unite joint general secretary, said: "The scrappage scheme is
showing that the sales tide can be turned.
"But its promise is in danger of being extinguished if the banks
continue to choke off cash to consumers who want to support British
skills by buying British built vehicles. We need to see the tight
strings on loans being cut and cut fast.
"Bailed out banks who chose to line the pockets of their
executives instead of supporting jobs will not be forgiven by the
public."
ENDS
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