Summary
Bank reassures borrowers while experts call on mortgage lenders to keep passing interest rate cuts on to hard-pressed customers
ROYAL Bank of Scotland last night moved to reassure borrowers that the UK government's recapitalisation of the bank would leave it in an "excellent position" to support customers.See the full content of this document
Extract
Homeowners Watch Treasury Aid Banks
The reassurance came after another dramatic week in the world's banking sector, during which the UK government took large stakes in three of the biggest British banks.
The Treasury agreed to invest GBP 37 billion by buying sh...See the full content of this document
Sponsored links
