Pre-budget report and Crosby report due today
This afternoon chancellor Alistair Darling will announce the pre-budget report that is expected to introduce tax cuts, including cutting VAT from 17.5 per cent to 15 per cent, while increasing…
Tag: crosby report
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Crosby report
Sir James Crosby’s report into mortgage lending was released yesterday giving further impetus to the government’s financial bailout, concluding that lenders’ inability to obtain capital to lend to homebuyers was…