Bank bailout mark II: Will it work?

Hall, Maximilian J. B.
April 2009
Journal of Banking Regulation;Apr2009, Vol. 10 Issue 3, p215
Academic Journal
On 19 January 2009, the UK Government unveiled a second comprehensive bank bailout plan. This followed the failure of its October bailout package to stimulate domestic lending, as intended. The various components of the new ‘rescue package’ are duly explained and analysed in this paper, which also addresses the likely future course of policy should the Government fail in its latest ambitions to stimulate lending and thereby revive the flagging economy.Journal of Banking Regulation (2009) 10, 215–220. doi:10.1057/jbr.2009.5


Related Articles

  • Lloyds TSB and HBOS: pressure for a merger may herald the end of competitive banking in the UK.  // MarketWatch: Global Round-up;Dec2008, Vol. 7 Issue 12, p135 

    The article reports that the British government will offer a total of £17 billion bailout to Lloyds TSB Group PLC and HBOS PLC if they will merge in Great Britain. The move aims to ensure stability within the country's banking system. It is also a trade-off between short-term stability and...

  • Banks' bailout boom keeps the wolf from the door for finance lawyers... Taylor, Margaret // Lawyer;1/26/2009, Vol. 23 Issue 4, p11 

    The article focuses on the potential impact of the British government's plan for banking bailout to the country. After the government announced its plan on insurance portfolios of loans, the Financial Services Authority (FSA) mooted tighter regulation to force banks to develop capital reserves....

  • as City's top firms mop up the banking mess.  // Lawyer;1/26/2009, Vol. 23 Issue 4, p11 

    The article focuses on the banking crisis in Great Britain. It states that law firm Slaughter and May has long established as the British government's adviser of choice on banking problems. It cites that Slaughter's partner Charles Randell was called to offer insight on the government's asset...

  • No health care cuts say UK nurses.  // Australian Nursing Journal;Dec2008, Vol. 16 Issue 6, p18 

    This article reports that the British Royal College of Nursing (RCN) has urged the government not to cut healthcare funding to pay for the bail out of British Banks. RCN General Secretary Peter Carter said there is concern among nurses that a government announcement to spend £37 billion to...

  • Life saver. Toner, Christine // Mortgage Strategy;1/26/2009, p18 

    The article examines whether the bailout is enough to save the banking system of Great Britain from total collapse. It highlights the four key points included in the Great British Bailout Part II as revealed by Prime Minister Gordon Brown. It explores the perspectives of several executives...

  • Govt. Rescue Calms U.K. Market. N. C. // Asset Securitization Report;10/20/2008, Vol. 8 Issue 40, p28 

    The article focuses on the positive impact of the bank rescue plan by the government in Great Britain in October 2008. The plan has centered on guaranteeing liabilities and recapitalizing the equity of capital-deficient banks. The measures made the new Tier 1 capital available to banks and...

  • Bailout bad but necessary.  // Las Vegas Business Press (10712186);10/6/2008, Vol. 25 Issue 40, pP38 

    The article reflects on the $700 billion bailout in the financial sector of U.S. He argues that the bailout which tries to correct bad business decisions and bad loans is inconsiderable because it will use the taxpayer's money. According to the author, another option is by not doing anything to...

  • The coalition's anti-banking rhetoric fools nobody.  // New Statesman;3/21/2011, Vol. 140 Issue 5045, p5 

    In this article the author comments on the British coalition government made up of the Conservative Party and the Liberal Democrats under the leadership of prime minister David Cameron. The central focus of the article is the government's emphasis on banking. The author is of the opinion that...

  • If banks don't start taking risks, the recession will run and run. Benaim, Solly // EG: Estates Gazette;10/10/2009, Issue 940, p44 

    The author urges the government of Great Britain to take action to prevent banks from refusing to resume lending. The author relates the decision of some banks to sell repossessed properties to their own subsidiaries to avoid selling to the open market. The author emphasizes the lack of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics