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Theo Paphitis asks Lord Mandelson your questions on the global financial crisis

Theo Paphitis asks Lord Mandelson your questions on the global financial crisis
Presented by
Tim Hood
Submit questions by Mar 03 2009
Interview published on Mar 07 2009
The background
Questions
  1. aarable is asking Lord Mandelson: "The global financial and economic crisis is and will effect the lives of countless millions of people across the world. Is not the problem the failure of the globalism experiment itself? And do not those..." Show more »"The global financial and economic crisis is and will effect the lives of countless millions of people across the world. Is not the problem the failure of the globalism experiment itself? And do not those who advanced the idea have a lot to answer for?

    What we need to do is to find a new model that get things down to a scale that ordinary mortals can properly manage. This means introducing 'chinese walls' into the financial system for one, so that money can never again slosh around the world uncontrolled. 

    Whilst there are, and will remain, clear advanatges in industries being managed using economies of scale, should we not, for many reasons including restoration of democracy, work towards a new model where production and provison of services are as close to the point of consumption as possible? " Show less »
  2. 1

  1. johnsmith is asking Lord Mandelson: "Why is the government now offering real help?   Does that mean that all help offered before was virtual help and obviously of no value?"
  2. 2

  1. Sadbog74 is asking Lord Mandelson: "Beyond investing in green infrastructure, green skills and green research and development, what else can government do in order to attract the green jobs and industries that globalization will inevitably..." Show more »"Beyond investing in green infrastructure, green skills and green research and development, what else can government do in order to attract the green jobs and industries that globalization will inevitably create?" Show less »
  2. 1

  1. huifenxu is asking Lord Mandelson: "You stress the risk of deglobalization and the iimportance of openness in the face of the economic downturn. As a Chinese, I wonder how you think of the stimuli actions pronouced by Chinese Government? Does..." Show more »"You stress the risk of deglobalization and the iimportance of openness in the face of the economic downturn. As a Chinese, I wonder how you think of the stimuli actions pronouced by Chinese Government? Does it have the essence of openness and globalization as you stress that when making decision on domestic stimuli, international view is needed. Or in your opnion, which country's stimuli plan takes the right from heading to the right way?
    Thanks." Show less »
  2. 6

  1. LondonTowner is asking Lord Mandelson: "Is there a 24 hour hotline to BERR which businesses facing closure can use, with a team ready to respond? I recall we did something for cones on the motorway a while back, and it seemed to do the tri..." Show more »"Is there a 24 hour hotline to BERR which businesses facing closure can use, with a team ready to respond? I recall we did something for cones on the motorway a while back, and it seemed to do the trick." Show less »
  2. 3

  1. Sadbog74 is asking Lord Mandelson: "How can International Institutions kick start the economies of less economically developed countries, and bring in high productivity, high skilled jobs in tertiary industries into those countries?"
  2. 8

  1. optionplayer is asking Lord Mandelson: "I feel you comment re Starbucks problems about over expansion in the UK is perceptive and correct. One could add also about competition in the UK is tougher in that particular sector and Costa a Uk company..." Show more »"I feel you comment re Starbucks problems about over expansion in the UK is perceptive and correct. One could add also about competition in the UK is tougher in that particular sector and Costa a Uk company see to be more successful from my research and taste buds.But why then are you receptive to more aid to the Indians re the motor trade , when they were not forced investors teh other year and they do not lack money internally within the family, so why give them any special treatment?   If they fail and must sell which is very unlikely , there are others keen to get their paws on Land Rover range Rover etc " Show less »
  2. 12

  1. rov214 is asking Lord Mandelson: "Instead of pouring money into the black hole which is the banking industry, why not " give " every taxpayer ( or everybody) in the UK 1 or 2 million pounds to stimulate the economy  ( there are less than..." Show more »"Instead of pouring money into the black hole which is the banking industry, why not " give " every taxpayer ( or everybody) in the UK 1 or 2 million pounds to stimulate the economy  ( there are less than 60 million taxpayers)- people would pay mortgages , buy new cars and consumer goods, take holidays etc,etc, and then let the natural laws of economics dictate banks which wouls be viable and those that should fold ? I object to "my" money supporting badly run , unviable, overvalued business." Show less »
  2. 10

  1. Quatchem is asking Lord Mandelson: "Dear Mr Mandelson, What does DBERR propose to do about EU over-regulation? This impacts quite highly on SMEs. Most EU directives/regulations tend to be highly complex pieces of legislation, the interpretation,..." Show more »"Dear Mr Mandelson,
    What does DBERR propose to do about EU over-regulation? This impacts quite highly on SMEs. Most EU directives/regulations tend to be highly complex pieces of legislation, the interpretation, compliance requirements and implementation of which can pose problems for SMEs. I speak specifically about the Biocidal Products Directive, a subject on which I am about to write to you and request some help. The BPD is overtly anti-competitive and has drained our resources and influenced our activities over the last 3-4 years creating an environment of uncertainty and fear. SMEs have little lobbying power in Brussels relative to the CIA giants. Is  DBERR in a position to influence EU  legislation to give SMEs at the very least, a level playing field ? 
    PS there is a Euro 5-6 million tag associated with compliance." Show less »
  2. 10

  1. Sadbog74 is asking Lord Mandelson: "What role can the European Union do to help fight the recession in Europe?"
  2. 11

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People you are asking:
Gordon Brown Peter Mandelson David Miliband Lord Malloch-Brown The delegates Brendan Barber Matthew Taylor Theo Paphitis David Milliband