Govt launches credit crunch website

Monday, 23 February 2009 3:48 PM

By politics.co.uk staff

The prime minister has launchued a new website to try to explain the economic crisis and what the government is doing to combat it.

Gordon Brown mentioned the real help now website during a speech in Southampton where the cabinet met as part of its progress around the country this morning.

The aim of the website is similar to the "recovery" website launched by US presdient Obama in the US which was launched recently as a way of telling the American people how their taxes are being spent to combat the recession in the US.

During his speech in Southampton Mr Brown said: "We are facing something quite extraordinary, a global banking crisis, the banks of the world for the first time have seized up and we have got to unblock that.

"We have got to make sure that credit can flow to businesses, that mortgages are available for families and that people who depend on banks for their savings and security can once again feel they can trust the banks in this country and of course trust the banks in every country of the world."

He added the new website "spelt out" in one place all the government help available.

It also includes Mr Brown's explanation of how the current crisis occurred - in which he describes an economy without a fully functioning banking system to a house without electricity.

The cabinet meeting and subsequent day spent in Southampton also saw ministers highlight 21,000 new apprenticeships from April in hospitals, schools and local government at the start of National Apprenticeships Week.

But the visit was criticsed by local Lib Dem MP Sandra Gidley, who called it nothing more than an empty gesture. The Conservatives were also quick to point out that the government was likely to miss its apprenticeship target by almost two decades.

Special event coverage

ESRC logo

Festival of Social Sciences: Celebrating the Social Sciences

Evidence-based policy should not be a radical concept. It needs to be celebrated.

ESRC logo

Festival of Social Sciences: 2 languages: 2 brains, 2 minds, 2 cultures?

As part of the ESRC Festival of Social Sciences, the Deafness Cognition And Language Research Centre (DCAL) hosted an event exploring the powerful benefits of bilingualism in spoken and sign languages, for hearing and deaf people alike - benefits that reach hearing and deaf people alike.

Opinion Former Events

Voice: Feeling stressed? Understand yourself? Now, move forward Conference

Application forms are now available for an exciting conference in Manchester. The fun-packed day will give you practical solutions and advice on managing stress and time to help you achieve a work/life balance.

BHA: The Marriage Debate - ‘This house would legalise same-sex marriage in England and Wales'

Two weeks before the Government’s consultation on same-sex marriage draws to a close, Andrew Copson, Chief Executive of the British Humanist Association is participating in a debate hosted by Catholic Voices on the motion, ‘This House Would Legalise Same-Sex Marriage’.

BSIA: Information Destruction Exhibition and Conference

This one-day event is targeted at professionals operating in the information destruction industry, and aims at keeping delegates updated on recent developments in their sector, providing an opportunity to network with fellow professionals, whilst offering access to an informative exhibition and a comprehensive conference programme.

ABI: The Future of Long-term Savings & Retirement Income - Automatic Enrolment and Beyond Conference

The Future of Long-term Savings & Retirement Income - Automatic Enrolment and Beyond Conference

Take the Gold Challenge for St Dunstan's

We provide lifelong support for blind and visually impaired ex-Service men and women. You can help give more blind heroes an independent future by taking the Gold Challenge

TACT: 2013 Virgin London Marathon

Join TACT at one of the greatest sporting events on the planet and help give a child in care a future to smile about.

Newsletter sign up

By signing-up you agree to the terms of use and privacy policy.

Unsubscribe