Lack of ideas for long-term recovery
Language: English Series: Estates Gazette ; (0905) 7 February 2009, 101(1)Publication details: 2009Subject(s): Summary: 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.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L146664 (Browse shelf(Opens below)) | 1 | Available | 146664-1001 |
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.