Global Trade Alert
Global Trade Alert

UK: Modifications to 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

01 Jan 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 12 October 2008, the UK notified the European Commission of a package of measures designed to ensure the stability of the financial system. The package was approved on 13 October 2008. On 18 Decemb...

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