This is a quote from the book "Chancellor Alistair Darling on brink of second bailout for banks" by The Times
...more than £100 a day last year. Its quarterly figures showed that the average house ended the year down in price by £37,178, or 16.2 per cent.

PRESSING THEIR POINT

“The si ngle most pressing challenge to economic policy is to get the banking system to get lending in any normal sense”Mervyn King, Governor of the

Bank of England, Nov 26

“They are close to cutting off their noses to spite their faces”

Lord Mandelson, Business Secretary, accuses the banks of being too conservative, Nov 30

“The banks have to unde...

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