Lending at an 8 year low

Well what a surprise, mortgage lending is down to the lowest for 8 years.
I mentioned in a previous blog that I did not expect lending to recover for at least another year.
What this does highlight is the government ineptitude to make the banks lend money or to create the NEW government bank.
This government will not do anything now, as it's on it's way out, and why?

Situations like this! They are like ostriches with their heads in the sand and Gordon Brown says ' don't trust the Tories with the economy !!' hahaha or LOL don't make me laugh.