» Monday, December 15, 2008
Economy
Asked whether the Prime Minister was concerned about the price of the pound, the PMS said that exchange rates were volatile and they moved up and down. The key thing, as far as the Prime Minister and the Chancellor were concerned, was taking action now to support the economy and to help families and businesses in Britain to get through this difficult period.
Asked for an update on a possible rescue package for the car industry, the PMS advised people to check with BERR on the specifics. As people knew, there was a meeting that Lord Mandelson had had with representatives of the car industry a few weeks ago. They made a number of requests and the Government was considering those. Asked if there would be any announcement this week, the PMS advised people to wait and see.
Asked whether the Prime Minister thought that anyone involved in the financial situation should be brought to account, the PMS said that the Prime Minister s view was that if anyone had committed any crimes or if there was evidence of any inappropriate or criminal behaviour then that was for the relevant authorities to look at. This was why we had introduced the FSA and why we had strengthened their powers to address any abuses.
Briefing took place at 16:45 | Search for related news
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