CML news & views
Issue no. 2 - 27 January 2009
Earlier this month, the government and others announced a comprehensive package of measures that should underpin stability in the financial system. As ever, the devil will be in the detail, but we are ready to fill any gaps to ensure the package delivers maximum benefit for mortgage and housing markets.
In this issue
Lenders can help deliver Treasury package
Last week's announcement by the Treasury and others equips the authorities with the main tools needed to maintain order in the banking system. We are ready to help work on the details - and fill any gaps - to deliver a successful outcome.
CML addresses MPs on banking crisis
We put the views of lenders on a wide range of issues when appearing before MPs at a Treasury committee hearing.
Consumers cannot expect cost-free borrowing
Tracker rate collars are not unfair in themselves, the Financial Services Authority has said. And they can help lenders as they try to maintain an adequate flow of savings to fund lending in difficult market conditions.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk




