Darling, Alistair
May 2009
Lending Strategy;May2009, p12
Trade Publication
The article offers information April 2009 events that relate to the British financial industry. Negotiations in the G20 meeting have resulted to the International Monetary Fund pledging 500 billion U.S. dollars for struggling economies while 250 billion U.S. dollars were allotted for world trade. The Royal Bank of Scotland plans to cut more jobs as part of its annual cost reduction of 2.5 billion British pounds. Tesco has announced its plans to open bank branches in its 30 stores. The European Community published a plan to address the financial problems.


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