October 13, 2008
From the exemplary Robert Peston, on the deal which sees £37 billion of taxpayer’s money buy big stakes in our big banks: "RBS and Lloyds TSB/HBOS have promised to the government that they’ll maintain mortgage lending and small-business lending at 2007 levels – which is massively more than they are currently lending (this is hugely [...]
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October 13, 2008
From the exemplary Robert Peston, on the deal which sees £37 billion of taxpayer’s money buy big stakes in our big banks: "RBS and Lloyds TSB/HBOS have promised to the government that they’ll maintain mortgage lending and small-business lending at 2007 levels – which is massively more than they are currently lending (this is hugely [...]
Read the full article →