The loan was for investment in civil nuclear power and part of a strategy to cut carbon emissions. It was also investment in a solid industry that could provide future wealth. In the present economic climate there is little guarantee that private investment will be able to match that promised by the previous government.
I'm actually finding it impossible to unsderstand. Firstly, investment like this is key to getting us out of a recession.
Secondly, IT'S A LOAN!! Surely that is marked AGAINST borrowing in the books?
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