Global Trade Alert
Global Trade Alert

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

Announcement

12 Oct 2008

In October 2008, the British government announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

27 Mar 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

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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