Financial Times FT.com

In the middle of it

By Brian Groom

Published: May 8 2009 19:38 | Last updated: May 8 2009 19:38

Industrious approach: Lord Mandelson (centre) meets business leaders from Manchester and Liverpool. The minister says the UK needs ‘less financial engineering and more real engineering’

In the scale of things, a £5m, four-week bridging loan provided by the government this week to aid the sale of LDV, the struggling Birmingham vanmaker, is small change.

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