Downing Street Says

» Friday, January 30, 2009

Economy

Asked about the mortgage figures announced today and did the Government think that there were now signs that its policies were working, the PMS replied that the measures the Government had taken had been designed to increase liquidity, and the lending capacity of banks, and also to ensure that where people were in danger of repossession, that we had provided help for them in the form of the mortgage rescue scheme and in the form of changes the protocols in the civil courts to ensure that repossession was a last resort.

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Economy

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