In the face of rising unemployment, the British government has been urged to pressure banks to lend in order to stimulate business activities, following its second banking rescue plan announced on Monday.
"After this week's second bailout, the government must get banks lending again if the tide of rising unemployment is to be pushed back," said David Frost, director general of the British Chambers of Commerce.
For the full story, by Dongying Wang, published by Xinhua News Agency in January 2009, please click here. Also please return to the blog to post your comment.
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