ANGER AT NICK CLEGG’S £5M TO EGYPT
Nick Clegg pledged aid for Egypt
Friday October 21,2011
By Alison Little Deputy Political Editor
NICK Clegg was criticised yesterday after pledging more than £5million in British cash to help the economies of Arab Spring countries, including Egypt.
The Deputy Prime Minister announced the package, which is partly designed to improve smaller companies’ access to credit finance, during a visit to Cairo.
Tory MP Philip Davies said: “Most small businesses in this country will probably find it a bit of a kick in the teeth to discover that the Deputy Prime Minister is in Egypt to try and help their businesses get access to credit when many of our own are struggling to get credit.”
The pledge came as the EU urged authorities in Egypt to ensure proper medical care for a jailed Christian internet blogger who has been on hunger strike since August.
He was convicted of spreading false information about the military. The treatment of minorities has also been called into question after at least 24 people died in recent clashes between military police and Christians protesting at the destruction of a church.
Most small businesses in this country will probably find it a bit of a kick in the teeth to discover that the Deputy Prime Minister is in Egypt to try and help their businesses get access to credit when many of our own are struggling to get credit
Mr Clegg announced that the UK would hand over more than £5million through the European Bank for Reconstruction and Development to provide “technical assistance” and extend credit for small and medium-sized enterprises in Arab Spring countries. Nearly 900 British firms are actively involved in the Egyptian economy. Mr Clegg met bosses from some of them, including BP, Shell, Vodafone and HSBC.