United Kingdom | Sunday, 23 November 2008

Borrowing Articles

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1. Darling defends higher borrowing plans
Chancellor Alistair Darling has defended plans to raise public borrowing to cope with a looming recession and indicated he will slash his growth forecasts at his forthcoming pre-budget report.
13 Nov 2008
2. Brown to defend surge in borrowing
Prime Minister Gordon Brown will defend a surge in government borrowing and call for tighter regulation on financial instruments such as credit default swaps in a speech on Monday.
27 Oct 2008
3. July public borrowing to show drop in surplus
The public sector net borrowing surplus was probably lower this July than a year ago as corporate tax receipts slipped, and the government finances look set to worsen further as the economy slows sharply.
20 Aug 2008
4. Record borrowing ups heat on Brown
Fiscal rules may have to be relaxed after data on Friday showed public borrowing at record levels, threatening to breach the restrictions the government set itself on how much debt it can take on.
18 Jul 2008
5. Public sector borrowing up in June
The Office for National Statistics (ONS) released figures on Friday showing a rise in public sector borrowing in June.
18 Jul 2008
6. U.S. banks said "quietly" borrowing $50 billion from Fed
Banks in the United States have been quietly borrowing "massive amounts" from the U.S. Federal Reserve in recent weeks, using a new measure the Fed introduced two months ago to help ease the credit crunch, according to a report on the web site of The Financial Times.
19 Feb 2008
7. Microsoft says to borrow money for Yahoo deal
Microsoft Corp said on Monday it may borrow money for the first time in its history to fund a portion of its $44.6 billion unsolicited offer for Yahoo Inc.
05 Feb 2008
8. Consumers step on savings brake
Consumers borrowed more and saved less in the first quarter of this year, adding to the nation's perilous personal finances, figures show.
20 Jun 2007
9. Buy-to-let borrowing hits new highs
Buy-to-let borrowing hit a record high in the first half of 2006, the Council of Mortgage Lenders (CML) said on Wednesday.
17 Aug 2006
10. Public borrowing hits record level for May
Public borrowing hit a record high for May last month, increasing pressure on Chancellor Gordon Brown to restrain spending over the rest of the year.
20 Jun 2006
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