Darling to announce measures to get banks lending again

12/18/2008 | Times (London) (subscription required), The

Among U.K. Chancellor Alistair Darling's possible measures to spur lending is a plan in which the government would guarantee new loans to companies. Taxpayers would be saddled with a huge bill if businesses default, as some likely would. Darling's plan is similar to a £50 billion loan guarantee proposed by Conservatives, but insiders said key differences distinguish the plans.

View Full Article in:

Times (London) (subscription required), The

Published in Brief: