The government is establishing a Lending Panel to monitor lending to both businesses and households, and to promote best practice across the industry in dealing with borrowers facing financial difficulties.
A discussion forum is also being set up, chaired by the Economic Secretary to the Treasury, to look at how banks and other financial institutions can work better in the interests of consumers and society as a whole.
Membership of the forum will be drawn from retail financial institutions and consumer groups. An update on the forum’s work will be provided in the Budget 2009.
Date: 26th, November, 2008
ADVICE TO READERS
While this website is checked for accuracy, we are not liable for any incorrect information included. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions.
Enter your postcode here to find out how much your property is worth, based on Land Registry data.
RSS Feed
Delicious
Digg
reddit
Facebook
StumbleUpon