» Tuesday, December 16, 2008


Put that the Governor of the Bank of England had said in a letter to the Chancellor that additional measures would probably be needed to support lending, the PMS said that in his response, the Chancellor had said that the Government would keep this and other measures designed to support lending under review. We now had the Lending Panel which had agreed changes to the credit guarantee scheme and these had been announced yesterday.

Asked whether the Prime Minister was concerned that inflation was not falling as sharply as expected, the PMS said that the views of the Government were set out clearly in the Chancellor s letter to Mervyn King.

original source.

Briefing took place at 11:00 | Search for related news

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