crosby report

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 government spending, in a boost to get the economy back on its feet. Also expected to be announced are a series of measure to stem

By Sahira ShillMarch 31, 2016ROOF Blogcredit crisis, crosby report, finance, mortgage

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 the ‘sort of market failure that might call for government intervention, perhaps even on a significant scale’. The report suggested that without help the shortage

Tag Archives: crosby report

Pre-budget report and Crosby report due today

Crosby report