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Global Trade Alert

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UK: Prolongation of the Financial Support Measures to the Banking Industry

Description

On 12 October 2008 the UK notified a package of measures designed to ensure the stability of the financial system (State aid N 507 /2008). In response to the ongoing exceptional turbulence in world ...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Mar 2009

Revocation date

24 Feb 2010

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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