City MP Mark Lancaster has called on Government to “stop making promises and start delivering” amidst concerns that local business is still struggling to secure the credit they have been promised from banks. His comments in Parliament came on the back of a survey published by the Institute of Directors which showed that 57% of businesses are still unable to secure the credit they need.

Speaking in Parliament Mr Lancaster said: “Listening to the answers given by the Ministers today, I have to say that I just cannot believe the complacency of this Government. Week after week, representatives of small businesses come to my constituency surgeries and tell me that they hear the Government's rhetoric, yet every time they go to the bank, they cannot get the credit that they are promised. When will the Government stop making promises and start delivering for the people of Milton Keynes?”

After the debate Mr Lancaster added: "This recession is due to a credit crunch. So the priority has to be to get the credit markets moving. As a temporary measure to help businesses through the recession, Conservatives have been calling for a big, bold and simple National Loans Guarantee Scheme to get credit flowing again and help protect jobs here in Milton Keynes.”