PDA

View Full Version : Treasury Statement On Financial Support o the banking industry



NewsBot
13-Oct-08, 09:20
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Treasury Statement On Financial Support o the banking industry

With continuing exceptional instability in the global financial markets, the Government is today taking decisive action, by implementing the comprehensive set of measures it announced on 8 October, to make commercial investments in UK banks and building societies to help stabilise their position and support the long term strength of the economy. The overall aim of these measures is to support stability in the financial system; to protect ordinary savers, depositors, businesses and borrowers; and to safeguard the interests of the taxpayer. ... [Read Full Article (http://www.caithness-business.co.uk/article.php?id=982)]