Home > Mortgages > Are UK banks killing the economic recovery?

Are UK banks killing the economic recovery?

July 28th, 2010

Time for a spot more of Britain’s favourite sport? Yes, indeed; next week
brings first half results from virtually all the top UK banks, and therefore
abundant opportunity for renewed banker bashing fun.

Please consider:
EU presidency: US and UK economic recovery plans are ‘a way to hell’Barack Obama and Gordon Brown’s plans to increase spending on economic recovery have been described as “a road to hell” by the European Union presidency. ...
Bailedout banks offer mortgages at half the rate in IrelandBanks funded by taxpayer offer mortgages at half the rate in Ireland. ...
UK banks to come under scrutinyBad debts and lending levels will be under scrutiny as the UK’s four biggest banks release their financial results this week. ...
Crunch time for UK banksExactly two years after the credit crisis first shook the banking world, UK banks are back in the spotlight this week when they report financial results. ...
UK bank lending the key to economic recoveryBanks are lending less despite almost £1tn of taxpayer support, and if don’t open the purse strings, the UK has little chance of recovery. ...

admin Mortgages