LLOYDS BANKING GROUP
Yes I do, because I think they had to take some very hard decisions and they’ve gone about it the right way. This government inherited a lot of debt; if they hadn’t taken the decision they have, then our triple A ratings would have diminished.
I do as far as their cut backs in expenditure in the public sector. There’s been too much wastage, so that could be easily identified and brought into control. One issue I do have is with the lack of government policy to stimulate businesses.
I don’t think they are doing the right thing. Some of their policies are misguided. Osborne said that he wants workers to be shareholders in their companies. This is utterly unworkable. In my view they need to change the tax system and get rid of red tape.