Osborne: we can invest because we kept the economy strong

The main scheme will be UK Guarantees, under which the Government will effectively underwrite major private sector construction projects. Ministers hope it will make banks more willing to lend to developers, and at lower interest rates. Speaking during a

This entry was posted in » World News on | Source: The Telegraph UK

and Similar News

TIME TO BREAK UP THE BANKS

Ahead of the Second Reading of the Financial Services (Banking Reform) Bill, Plaid Cymru has renewed the call for full legal separation of retail and investment functions of banks, to truly ensure that banks can never again game the system and gamble wit

British economy might require shock therapy soon: employers group

LONDON--Britain's finance minister may have to apply shock treatment to the country's economy, including the controversial option of new borrowing to fund investment, if there is no sign of growth in six months' time, a business leader has said. This mon

Liam Fox ups pressure on Cameron over budget

Britain's Defence Secretary Liam Fox leaves the Ministry of Defence in London October 13, 2011. LONDON (Reuters) - Britain should freeze spending and cut taxes, a senior MP in Prime Minister David Cameron's party said on Monday, deepening divides within

Osborne should accept commission on banking standards' advice | Nils Pratley

But now the commission has got down to business with its second report. It also contains plenty of straight talking, notably on the subject of banks' leverage. This topic may seem as dry as dust but the calibrations of bank balance sheets are crucial in

Osborne faces limited budget options

Britain's Chancellor of the Exchequer, George Osborne, speaks before the launch of the economic survey of the United Kingdom by Angel Gurria, Secretary-General of the Organisation for Economic Co-operation and Development (OECD), at the Treasury in Londo

Share Your Opinion about this news

blog comments powered by Disqus