Archive for Alistair Darling

RBS contradicts Darling on business loans with new ads

Royal Bank of Scotland has launched an advertising campaign urging business customers to take advantage of their loan deals in a counterattack on the Government’s claims that the banks are refusing to lend.

Financial system still a mess say MPs

Nearly two years on from the collapse of Northern Rock financial regulation in Britain “remains in a muddle” according to a damning report.

Chancellor demands ‘reasonably priced mortgages’ but profit margins are highest for 20 years

Alistair Darling the Chancellor told Britain’s banking bosses last night to honour agreements to make ‘reasonably priced’ mortgages available to borrowers.

Alistair Darling ‘concerned’ over banks’ lending

Chancellor says he is “extremely concerned” that banks may not be abiding by pledges to increase lending during the downturn.

UK government debt: almost 9p of each £1 in tax will be needed to pay the interest

The cash eaten up by interest payments on Government debt will more than double by 2013 leading forecaster warns.

White Paper marks a necessary philosophical shift – but danger lurks

Alistair Darling has learnt some lessons from the financial crisis. His new philosophical approach to regulation is reflected in this week’s White Paper – but it is common to many academics and policymakers around the world.

UK financial superregulator will give Mervyn King power to ‘bully FSA’

Mervyn King has been given the green light to publicly bully the Treasury and FSA into taking action to avoid future crises under new Government plans.

Alistair Darling accused of postponing key decisions on banking reform

Alistair Darling was accused of ducking the difficult question of banking reform as he unveiled measures he claims will ensure Britain avoids another financial meltdown.

Alistair Darling accused of postponing key decisions on banking reform

Alistair Darling was accused of ducking the difficult question of banking reform as he unveiled measures he claims will ensure Britain avoids another financial meltdown.

M&G offers £1bn in loans to UK businesses

M&G Prudential’s asset management arm has raised £1bn for a new fund that will provide loans to British companies suffering from the collapse in bank lending.

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