Clegg: Sheffield Forgemasters decision could be revisited
In an interview with Prospect Magazine, Nick Clegg has suggested that the decision not to loan government money to Sheffield Forgemasters ‘could be revisited.’ When pressed on whether the decision to cancel the loan was an odd decision given the coalition’s stated aim of rebalancing the economy and encouraging manufacturing. Clegg replied, “I agree. The trouble is the money that Labour had provided came from a budget in the business department that was running on empty. The treasury and Vince Cable felt it wrong to take money from somewhere else. But the whole issue could be revisited.” This strikes me as a dangerous thing to suggest. If the issue is
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