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Tag: bailout
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Documents tagged with "bailout"
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RBS announcement must be followed by the whole industry - CableTue, 02 Dec 2008Commenting on the RBS announcement that it will give customers in difficulty a six-month moratorium before beginning repossession proceedings, Vince Cable said: "This welcome news will be of great relief to struggling RBS customers." |
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PMQs: Clegg tells PM “to get tough on banks”Thu, 20 Nov 2008Liberal Democrat leader Nick Clegg called upon the government to get tougher on banks refusing to lend, as small businesses continue to feel the effects of the economic crisis. |
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Get the financial plumbing working - Vince Cable in the GuardianWed, 19 Nov 2008Tax cuts may help, and after the recession we must get a grip on public debt, but the priority now is to get banks working again. |
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Lib Dem Income Tax Cut Proposal Rejected by GovernmentMon, 10 Nov 2008A Liberal Democrat motion calling for an immediate substantial cut in income tax for lower and middle income families was rejected by Labour MPs yesterday. |
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Government must explain why HBOS takeover should go ahead - CableMon, 10 Nov 2008Commenting on today’s letter from former chief executives of the Bank of Scotland and Royal Bank of Scotland opposing the takeover of HBOS by Lloyds TSB, Liberal Democrat Shadow Chancellor, Vince Cable said: "The whole context has changed since the original Lloyds TSB takeover was minted." |
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Darling’s platitudes are meaningless to small businesses - ThursoThu, 30 Oct 2008Responding to Alistair Darling’s calls for banks to use a £4bn package of support from the European Investment Bank to help small and medium sized businesses, Liberal Democrat Shadow Business Secretary, John Thurso said: "This money is welcome. However, it is not good enough for the chancellor to offer words of hope and encouragement. It is his job to give leadership and direction." |
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Developing world cannot opt out of broken global economy - MooreMon, 27 Oct 2008Responding to the comments of the UN Secretary General on the needs of the developing world in the current global financial crisis, Liberal Democrat Shadow International Development Secretary, Michael Moore said: "No one is escaping the economic contagion unleashed by the global financial crisis. Just as the International Monetary Fund has predicted declining growth in some of the most vulnerable countries in the world, Ban Ki Moon's timely intervention should shake the rich world out of its complacency." |
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Co-ordinated response to crisis welcome - CleggMon, 13 Oct 2008Responding to the pledge from European leaders that no major financial institution will be allowed to collapse, Liberal Democrat Leader Nick Clegg said: "After the discord between EU governments last week, any co-ordinated response is welcome. European leaders are right to signal that they will not allow any major financial institutions to go under." |