Downing Street Says

» Thursday, December 11, 2008

Economy

Asked what the Prime Minister hoped the first meeting of the lending panel would achieve, the Prime Minister s Spokesman (PMS) told the assembled press that the Treasury would brief in full on the lending panel meeting. The panel was established by the Government to monitor lending to businesses and homeowners and to make sure that all responsible steps to improve the flow of credit were being taken.

The meeting followed Tuesday s meeting of the Home Finance Forum, which was chaired by Lord Myners, where the Mortgage Support Scheme was also discussed. Lord Myners would report back to the lending panel on that discussion, as would Lord Mandelson and BERR ministers on the work of the subgroups on small business finance.

Asked if there was any expectation on the Prime Minister s part that anything would come of this meeting, the PMS replied that it was part of an ongoing process of work that we were undertaking with the banks. Asked if any announcements were expected, the PMS advised people to ask the Treasury for more details.

Asked if the Prime Minister was concerned about the level of the pound, the PMS said that we did not comment on sterling.

No Comments »

No comments yet.

RSS feed for comments on this post.

Post a public comment

Name (required)
E-mail (required)
(You must give an email address, but it will not be displayed to the public.)
Website
(You may give your website, and it will be displayed to the public.)

Comments:

This is not a way of contacting the Prime Minister. If you would like to contact the Prime Minister, go to the 10 Downing Street official site.

Privacy note: Shortly after posting, your name and comment will be displayed on the site. This means that people searching for your name on the Internet will be able to find and read your comment.

Original PMOS briefings are © Crown Copyright. Crown Copyright material is reproduced with the permission of the Controller of HMSO and the Queen's Printer for Scotland. Click-use licence number C02W0004089. Material is reproduced from the original 10 Downing Street source, but may not be the most up-to-date version of the briefings, which might be revised at the original source. Users should check with the original source in case of revisions. Comments are © Copyright contributors. Everything else is © Copyright Downing Street Says.