Mandy's Promise

摘要

If Gordon Brown, the prime minister, claims that he saved Britain's banking system, can Lord Mandelson, his business secretary, style himself the saviour of its car industry? On January 27th he announced a ￡2.3 billion ($3.2 billion) package of loan guarantees to support carmakers, the development of clean low-carbon cars and the skills to produce them. Another scheme, yet to be devised, will aim to stimulate demand by helping finance companies that lend money to buy cars.