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An annual report on public finances published by the European Commission on Tuesday (23 June) indicates the cost of government stimulus packages could pale into insignificance when compared to the bill for EU bank bail-outs. The lengthy report says the...
Tags: exit strategy, public finances, banks bail, European Commission
Gordon Brown says the Government's latest massive banking bail-out will help restore lending in the British economy. As hundreds of billions of pounds more of taxpayers' money was put at stake, the Prime Minister said much of the credit squeeze was down...
Tags: Gordon Brown, banks bail, prime minister, RBS Group, Britain, wearside worked, boost lending, New Northern Rock, record loss, Royal Bank of Scotland