Lack of ideas for long-term recovery

Booth, Kay

Lack of ideas for long-term recovery - 2009 - Estates Gazette (0905) 7 February 2009, 101(1) .

Article looks at attempts by the UK government to recapitalise the banking industry and suggests that the £37bn bailout should have been dependent upon the acceptance of minimum lending criteria by the banks involved. States that real estate is a fundamental asset class in the UK and as such, that the government's current policies for recapitalisation are leading to the devaluing of large quantities of property and land banks.


HORSHAM PROPERTIES GROUP LTD V CLARK
LAW OF PROPERTY ACT 1925


United Kingdom--