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Issue no. 2 - 27 January 2009

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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

  1. Lenders can help deliver Treasury package
  2. CML addresses MPs on banking crisis
  3. Consumers cannot expect cost-free borrowing

Lenders can help deliver Treasury package

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

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

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

Advice:am - Financial Advertising claims


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