Credit Guarantee Scheme closes after four years

Dale, Samuel
November 2012
Money Marketing (Online Edition);11/2/2012, p7
The article reports on the closure of the emergency bailout measure, Credit Guarantee Scheme, launched at the height of the financial crisis in Great Britain. The measures included emergency Government loans and state purchases of shares in the Royal Bank of Scotland and Lloyds Banking Group PLC. The former prime minister Gordon Brown and chancellor Alistair Darling announced the closure to recapitalise the country's banks.


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