WikiWirral Online with you since 2003, fantastic.
Forum Stats
12184 Members
65 Forums
72604 Topics
978366 Posts
68 posts in the last 24hrs
Max Online: 7831 @ 8th Apr 2013 4:18pm
Who's Online - Click Me
94 registered (11kendo, 18 invisible), 1513 Guests and 194 Spiders online.
Key: Admin, Global Mod, Mod
Social Media : Follow Us


(Views 7days)This Weeks Most Read
Secretive mega shake-up of NHS could cost 15 mil 627
Found a mobile phone 14/01/2017 WALLASEY 389
Asbestos shed removal 371
Paypal help 366
Sometimes You Could Strangle Someone 355
When we live to be a 100 yrs old 313
Best Price for Scarpping my car 286
Lost Mobile Phone 282
Spy in the wild 281
RAC ,AA v Breakdown Recovery 279
New General Forums
The Scouse Accent
by palemoon
18th Jan 2017 7:49pm
birthday wishes
by sunnyside
18th Jan 2017 12:48pm
The Green Eyed Girl
by granny
17th Jan 2017 10:33pm
Breastfeeding Dads Want to Be A Breastfeeding Hero
by fish5133
16th Jan 2017 1:24pm
New Wirral History
753 Sea Horse, Unit 9, Wallasey Waterfront
by Norton
18th Jan 2017 9:07pm
What was County Hall, Abbey Street, Birkenhead?
by yoller
15th Jan 2017 1:28pm
752 The Old Manor Club, Withens Lane, Liscard
by Norton
13th Jan 2017 2:20pm
751 Plough Inn, Mount Pleasant Rd, New Brighton
by Norton
13th Jan 2017 1:38pm
351 Prince Alfred 30 Tunnel Road 30 30 to 32
by yoller
8th Jan 2017 7:18pm
Forum Tips
Photo Gallery Forums
fireworks on the Mersey last night
Hadlow train station
Topic Replies
Animal Cruelty in the Film Industry
by granny
0 seconds ago
Melamine faced chipboard ( Walnut or Oak )
by Reno37
24 minutes 48 seconds ago
Sanctuary awaits 5 bears
by venice
Today at 10:19 AM
Parking Charges
by Gibbo
Today at 10:03 AM
Musicals
by casper
Today at 07:21 AM
What song are you listening to?
by diggingdeeper
Today at 05:57 AM
Question Time
by paxvobiscum
Today at 12:50 AM
Spy in the wild
by cools
Yesterday at 11:15 PM
Asbestos shed removal
by Snodvan
Yesterday at 06:45 PM
January
M Tu W Th F Sa Su
1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31
Recent Posts : What's On ?
Indian/Jazz fusion music Liverpool
by buddy
17th Jan 2017 9:46am
Chinese New Year Liverpool
by paxvobiscum
15th Jan 2017 11:08am
Topic Options
Rate This Topic
#221959 - 20th Apr 2008 7:47pm Government To Loan Banks 50Billion
MattLFC Offline
Wiki Master

Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
Originally Posted By: BBC News
A plan to loan billions of pounds to British banks is needed to stop the UK's financial crisis worsening, the chancellor has said.

Alistair Darling added that without the Bank of England's intervention there was "every chance" the situation would get worse.

Mr Darling confirmed a scheme to lend banks money to help them operate during the credit squeeze.

But he insisted that the loans would have to be paid back.

The BBC understands that the Bank will announce the plans to swap about 50bn worth of government bonds for British banks' mortgages.

Business editor Robert Peston said it would be the biggest ever special initiative by the British monetary authorities to supply liquidity to the British banking system.

This is absolutely disgusting, these bank's post record profit's each and every year, are making billion's of pound's, are ripping consumer's off left, right and centre, and we, the public, have to bail them out when the going get's tough...

How about they start lending responsibly, and start ploughing some of the tens of billions of pounds profit they have been making back into their operations when times get hard...

I like the Lib Dems stance on this latest Labour farce:

Quote:
But Liberal Democrat Treasury spokesman Vince Cable expressed concern that the government was offering the banks too good a deal.

"We cannot have a situation where the banks are able to privatise their profits and nationalise their losses," he said.

"Since the mortgages from the banks are of inferior quality and higher risk than the government bonds which they are replacing, the implication must be that taxpayers are shouldering the risks and losses of the banks.

"We need urgent reassurances from the Government that the exchange is taking place on a discounted basis so that the banks and not taxpayers carry any losses."

How anyone can even consider still voting Labour is beyond me... they are killing this country and robbing the taxpayer in everything they do!!!

lamethrower

BBC News Report

Top
National News : Advertising
Click me for more Information......

* * * vipimages.co.uk - Photographic services * * *
Now Advertise with WikiWirral.
WikiWirral stats 35,000 Page Views a Day +500 Search Engines.. Click Me
#221960 - 20th Apr 2008 7:50pm Re: Government To Loan Banks 50Billion [Re: MattLFC]
MattLFC Offline
Wiki Master

Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
I also refer people to evidence of the banks still making record profits:

Originally Posted By: BBC News
HSBC, the UK's largest bank, has said it has made a $17.2bn (8.7bn) loss after the decline in the US housing market hit the value of its loans.

But its annual profits still rose 10% to $24.2bn (12.2bn), up from $22.08bn the year before.

BBC News Report

Top
#222584 - 25th Apr 2008 1:51pm Re: Government To Loan Banks 50Billion [Re: MattLFC]
Brian Offline
Newbeee

Registered: 17th Mar 2008
Posts: 42
Loc: DownEast Maine, USA. Ex-Moreto...
Originally Posted By: MattLFC

<...>
How anyone can even consider still voting Labour is beyond me... they are killing this country and robbing the taxpayer in everything they do!!!


It will be interesting to see how much of a resurgence the Lib Dems have at the next election from people who can't bear to vote Tory under any circumstances. From what I read this side of the pond, it's now at least arguable that the Lib Dems are the left wing party in the UK.

Brian.

Top
#222594 - 25th Apr 2008 2:45pm Re: Government To Loan Banks 50Billion [Re: Brian]
chriskay Offline
Forum Veteran

Registered: 25th Oct 2007
Posts: 4868
Loc: shropshire
Brian; you're right. The difference between Labour & Conservative is becoming more & more like the difference between Republican & Democrat
_________________________
Carpe diem.

Top
#222665 - 25th Apr 2008 7:39pm Re: Government To Loan Banks 50Billion [Re: chriskay]
MattLFC Offline
Wiki Master

Registered: 14th Aug 2004
Posts: 22315
Loc: Moreton/Beirut/Mobile
I think the problem with the Tories is actually Labour becoming more and more alike them every day. This is the reason people are now stuck for a way to vote.

Ive always voted Tory, mainly because my father has (although my mums side were always very much Labour after Angela Eagle got in locally).

I think the Lib Dems have some great ideas but their lack of real following within the UK put's me off making a vote for them; I want a vote that counts, not just one that takes away from the inevitable Tory or Labour win.

I do feel that people should vote Conservative over Labour at the next GE, but only for one reason - you know what you will get with the Tories (and maybe this new gang wont have so much sleaze as the tories of old). Labour seem to be moving further and further away from their traditional core values and following a Tory scheme, so whats the point in voting for an opposing party, if you can't actually be sure what they are going offer, or if they are actually going to be any different from the other party.

Id rather know what im letting myself in for then wait and risk it.

smile

Top
#226736 - 12th May 2008 9:19am Re: Government To Loan Banks 50Billion [Re: MattLFC]
LadyBubble
Unregistered


I totally agree. For me Labour have had their day - I never could, and still can't, warm to Gordon Brown. The latest is that he needs the assistance of Tony Blair to help him to get back on track. Also looks like John Prescot was never, well, erm , let's just say his number one fan either! Mmmm too many mistakes in too short a time!

The Government can help the housing problem in an instant, without throwing money at lenders by
a) reducing stamp duty thresholds and
b) overriding the MPC and lowering interest rates.

This would help first time buyers and reduce the number of repossessions.

Top

Moderator:  Mod 
Random Wirral Images

Click to View Topic.
Newest Topics
Animal Cruelty in the Film Industry
by granny
0 seconds ago
Question Time
by derekdwc
Yesterday at 11:27 PM
Sanctuary awaits 5 bears
by venice
Yesterday at 06:25 PM
Parking Charges
by diggingdeeper
Yesterday at 03:01 PM
Kitten found Arrowe park car park
by Greenwood
Yesterday at 02:42 PM
For Sale & Free
Melamine faced chipboard ( Walnut or Oak )
by Reno37
24 minutes 48 seconds ago
Wanted freezer kit
by dodie
18th Jan 2017 9:58pm
2pioneer speakers Free
by dodie
18th Jan 2017 9:54pm
Looking to swap an xbox one for a ps4
by surykata
18th Jan 2017 8:10pm
Wanted old cars spares or repairs
by vw_kyle
17th Jan 2017 1:08pm
Featured Member
Registered: 7th Dec 2008
Posts: 453
Newest Members
Branco, Smudge22, Collette63, shellylou, sgjrob
12184 Registered Users
Today's Birthdays
No Birthdays
New Wirral Info
Paper Recycling. ?
by fish5133
Yesterday at 11:16 AM
Paypal help
by venice
17th Jan 2017 8:59pm
Brown Bin Collections Restarting Today 17th Jan
by fish5133
17th Jan 2017 9:04am
Indian/Jazz fusion music Liverpool
by paxvobiscum
15th Jan 2017 11:19am
Chinese New Year Liverpool
by paxvobiscum
15th Jan 2017 11:08am
News : New Topics
Parking Charges
by diggingdeeper
Yesterday at 03:01 PM
Spectacles found.
by Beethoven
18th Jan 2017 1:02pm
When we live to be a 100 yrs old
by granny
18th Jan 2017 11:46am
Secretive mega shake-up of NHS could cost 15 mil
by RUDEBOX
16th Jan 2017 5:58pm
Lost Mobile Phone
by spinner1
15th Jan 2017 6:56pm
New Enthusiast Forums
Animal Cruelty in the Film Industry
by granny
0 seconds ago
Question Time
by derekdwc
Yesterday at 11:27 PM
Sanctuary awaits 5 bears
by venice
Yesterday at 06:25 PM
Kitten found Arrowe park car park
by Greenwood
Yesterday at 02:42 PM
Puppy wanted good careing home offered
by chris7777
Yesterday at 09:07 AM
(Views 24hrs)Trending Newest Topics
Parking Charges 135
Sanctuary awaits 5 bears 129
Question Time 122
Kitten found Arrowe park car park 59
Melamine faced chipboard ( Walnut or Oak ) 0
Animal Cruelty in the Film Industry 0
Wirral Sunrise Sunset
Sunrise Fri 8:13am
Sunset Fri 4:33pm
Local Time Fri 12:00pm
WikiWirral Can . . . .