It's not enough

"We are concerned that piecemeal measures introduced by the Government may not be adequate in the face of the crisis in lending."

This from a cross-party group of MPs amounts to a pretty damning indictment of what's been done so far.

The Treasury Select Committee's report was basically disregarded by Alistair Darling's officials this morning.

Rather than saying what they thought of it - in usual irritating fashion - they simply listed the measures they'd already taken.