Call for Uk Banks to End Lending Drought ; Nationalisations Possible in Association with Rensburg Sheppards Investment Management
Daily Post › November 26, 2008
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Summary
BANK of England Governor Mervyn King warned that the lending drought for consumers and businesses posed the single biggest threat to the UK economy.
Mr King gave support to the Government's fiscal stimulus package announced yesterday, but said it was now of "over-riding importance" to get banks lending again.See the full content of this document
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Call for Uk Banks to End Lending Drought ; Nationalisations Possible in Association with Rensburg Sheppards Investment Management
He signalled more interest rate cuts and potential further banking bail-outs, and re...
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