Bank bailout

Wednesday, 08 Oct 2008 10:39

CML: A decisive package

Wednesday, 08, Oct 2008 12:00

Michael Coogan, director general of the Council of mortgage Lenders (CML) comments on the bank bailout:

"From what we can see so far, this seems to be a decisive, coordinated and reasonable package of measures that address both the relevant factors necessary to support a return to market stability.

"The flow of funding to support mortgage lending has been severely constrained, and these measures will help to create more positive conditions for the mortgage market."

Greens: We need board vote

TUC: Fat cats must change

HBOS: Real and serious intention

Unite: Govt must socialise rewards

CML: A decisive package

FSB: Help small businesses

Taxpayer's Alliance: Taxpayer money easy way out

Lib Dems: A day of reckoning

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