Items tagged with: government
Homeowner Mortgage Support Scheme: the criteria
11 December 2008
The Homeowner Mortgage Support Scheme, which could let households defer some of the interest payments on their mortgage by up to two years, will not help everyone having problems paying their mortgage.... read more »
Government: banks must provide more loans
4 November 2008
Gordon Brown and Alistair Darling expect banks to act on the commitments made as part of the bank bailout scheme, The Times reports.... read more »
More govt. help with mortgages
8 January 2009
The Government has announced that it will provide more help to homeowners who are struggling to make their mortgage payments after becoming unemployed.... read more »
Government ‘may have to force banks to lend’
8 January 2009
The Government may have to force banks to offer more loans and mortgages if the current situation continues, according to a leading economist.... read more »
Loan guarantees – part of Govt. package
15 January 2009
The Government will provide guarantees for business loans, Business Secretary Peter Mandelson has announced.... read more »
Government considers ways of helping car loan market
16 January 2009
The Government is looking into ways of ensuring the availability of loans for car buyers, as the economic downturn threatens to seriously harm the industry.... read more »
New scheme to help lenders provide loans
21 January 2009
Gordon Brown and Alistair Darling have announced a series of new measures which aim to help banks and other financial institutions provide loans and other forms of credit to families and businesses.... read more »
Brown considers ways of ensuring car loans
The Government "will do what it can to help" the car industry, Prime Minister Gordon Brown has said.... read more »
Mortgage commitment from major provider
12 March 2009
The Government has announced an `agreement in principle` with Lloyds, in which the banking group will commit to specified amounts of mortgage lending and business lending.... read more »
Bank of England responds to Mandelson car loan comments
The Bank of England yesterday rejected the suggestion by business secretary Peter Mandelson that negotiations with the Bank regarding aid for the UK`s struggling car industry have been moving too slowly.... read more »
CML: Government policies hurt mortgage lending
25 March 2009
The Council of Mortgage Lenders (CML) has suggested that the Bank of England`s recent base rate cuts have reduced the funds required by lenders for loans and mortgages. ... read more »
Bank of England: no more tax cuts
27 March 2009
Bank of England Governor Mervyn King has told the Government that Britain cannot afford any further tax cuts or public spending increases to fight the recession.... read more »
Car scrappage scheme could help industry
The AA has urged the Government to make a decision on a potential `car scrappage scheme`, in which drivers could part-exchange their old cars in return for cash to put towards a new car purchase, as car sales figures continue to fall.... read more »
Response to the Budget: too much debt
29 April 2009
Most people are concerned about the level of debt the country is now carrying, according to a recent survey by Opinium Research, carried out on the day of the Budget, April 22nd.... read more »
Car scrappage scheme confirmed
The Government has announced a scheme in which motorists can trade in their old cars in return for a £2,000 discount on a new vehicle.... read more »
Government debt could delay future `Tax Freedom Days`
27 May 2009
Yesterday, May 14th, was `Tax Freedom Day` - the day when the average British citizen has earned enough money to pay their tax bill for the year.... read more »
Inflation falls but debt levels still high
19 May 2009
Inflation fell once again in April, according to the latest figures from the Office for National Statistics (ONS), as many prices continued to fall.... read more »
Recovery `hampered by high household debt`
2 June 2009
The International Monetary Fund (IMF) has warned that Britain`s economic recovery is being slowed by high levels of household debt.... read more »
35,000 new car sales from car scrappage scheme
More than 35,000 new cars have been ordered through the Government`s `car scrappage scheme` in the month since it was started, according to The Telegraph.... read more »
Government measures target personal debt problems
13 July 2009
The Government has laid out plans to assist people facing debt problems, according to the BBC.... read more »