Skip to main content

Search results

Showing 11 - 14 of 14 results. Order by:
Rooftops

The mortgage rescue scheme

The Mortgage Rescue Scheme, launched in January 2009 by the Department for Communities and Local Government, achieved fewer than half of the rescues expected. The Department helped 2,600 households avoid repossession and homelessness at a cost of in excess of £240 million – but it originally expected to help 6,000 households for £205 million.

Published:
25 May 2011
Canary Wharf business district

Maintaining the financial stability of UK banks: Update on the support schemes

The scale of the support currently provided to UK banks has fallen from a peak of £955 billion to £512 billion, but the amount of cash currently borrowed by the Government to support banks has risen by £7 billion since December 2009. It is likely the taxpayer will be providing support for years to come.

Published:
15 Dec 2010