"there i was in late middle age, cut loose in a thoroughly looted, bankrupt nation whose assets had been sold off to foreigners, a nation swamped by unchecked plagues and superstition and illiteracy and hypnotic tv, with virtually no health services for the poor. where to go? what to do?"

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Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules unlike their continental equivalents. This has emerged to be one of the main bottlenecks to getting investment going in the U.K. It is a Bank of England issue.

— Vince Cable