The right move by the government? Gordon Brown and Alastair Darling recently announced the much anticipated “financial stability programme“. In summary the plan aims to: 1) Provide sufficient liquidity in the short term; 2) Make new capital available to UK banks and building societies permitting them to restructure their finances. 3) Ensure that the banking system [...]
Posts Tagged ‘Alastair Darling’
The credit crunch
Posted in General News, tagged Abbey, Alastair Darling, Bailout, Gordon Brown, HBOS, HSBC, LloydsTSB, Nationwide, RBS, Standard Chartered, Wall Street on October 14, 2008 | 1 Comment »
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