24 Nov 2008
| by Stephen Foster
repossessions, but VAT is the big one. When the US government tried to get the economy moving earlier ...
. Will all of this get the economy moving? It will help a bit and that, realistically, is all the Government ...
, it was worth a mere $20bn so the US government has stepped in to rescue it. It was, as they say, too big ...
17 Nov 2008
| by Stephen Foster
of luck, now they are. Government to offer investors bank deal The Government planned to take 9bn ...
that this will encourage them to buy ordinary shares in the banks forthcoming share issues to reduce the Government ...
the amount the banks need to pay back to the government and bring the restoration of their ordinary dividends ...
12 Nov 2008
| by Stephen Foster
and it took 20 years to climb out of it. What the Bank, and indeed the Government -- which belatedly took ...
(again) until Thursday as prices plummet and the Russian government spent $7bn the other day to try ...
the US government but it might not have the money to pay it back -- and $25bn is less than it needs ...
10 Nov 2008
| by Stephen Foster
, disappear in the Government-inspired merger with Lloyds. They say that, now the Government has bailed out ...
tens of thousands of jobs, many in Scotland. Government sources have poured cold water on this ...
looks rather unlikely. Ultimately it's down to the Government. It's unlikely, for example, that BBVA ...
05 Nov 2008
| by Stephen Foster
Lehman Brothers, but that's hardly likely with governments underwriting the big banks' deals. But Obama ...
to the Government for extra cash so its decision to support borrowers or not is its own affair. Earlier this year ...
to personal customers and small businesses. Not that he has a lot of choice as the Government has acquired 5 ...
22 Oct 2008
| by Stephen Foster
. The banks are supposed to be merged and then receive 17bn of government money, but shareholders hate ...
if they don't merge. So what happens to HBOS? Meanwhile Barclays, which says it doesn't want any government ...
better deal for brave taxpayers. Even RBS, which the Government says needs 20bn, is unhappy over ...
15 Oct 2008
| by Stephen Foster
't actually need. In all, the three banks taking government money -- HBOS, Lloyds and RBS -- have 9bn ...
in industrial quantities yesterday. The Government still wants Lloyds to merge with HBOS, the share price is saying that shareholders want anything but. So the government is going to need to revisit the dividend ...
08 Oct 2008
| by Stephen Foster
LONDON - And let's hope the damned thing works. The Government is going to make around £50bn...countries, which would be a blessed relief. Just as importantly, the Government is saying ...
approached shareholders about raising 7.5bn of government-backed cash while others said that HSBC ...
there were fears that banks going to the Government for help would need to sell shares to it at well below ...
06 Oct 2008
| by Stephen Foster
. While the rest of his customers go hungry. Governments across the world, first in America and now ...
governments have effectively nationalized Belgian giant Fortis, Royal Bank of Scotland's partner ...
in return for the Government taking a stake in them, part nationalization if you like. The Government ...
06 Oct 2008
| by Stephen Foster
hardly foment rebellion with two of the three founders of New Labour in government and with its chief ...