Clegg promises 'massive' increase in housing investment

According to an interview in the FT, Clegg also said the coalition was looking at "massively amplifying" credit easing schemes, including its £20bn lending scheme to small business. According to the FT, the terms of the European economic debate changed earlier this month, following recognition that Francois Hollande's election as French president puts growth, not austerity higher up the political agenda across Europe. Clegg said he personally welcomed the election of the French Socialist leader. However, the promised injection of state-backed investment has been met by scepticism f...