Ian Pearson

RBS offers to delay repossessions

The Royal Bank of Scotland (RBS) has guaranteed not to repossess the properties of customers who fall behind on payments for at least six months. The government has bought a 58% stake in RBS as part of its recapitalisation plan...

RBS offers mortgage arrears delay

The Royal Bank of Scotland (RBS) has guaranteed not to repossess the properties of customers who fall behind on payments for at least six months. The bank, which owns NatWest, is the first to follow government guidelines...

Only 15 homes meet Gordon Brown’s zero-carbon test

Sam Coates, Chief Political Correspondent A £15 million project to build hundreds of new zero-carbon homes has fallen flat after only 15 qualified in the first year, The Times has learnt. Gordon Brown’s scheme, which he...

Carmakers may get guarantees – but Jaguar sheds jobs in the Midlands

Nov 28 2008 by Alistair Houghton, Liverpool Daily Post MINISTERS yesterday pledged to explore guaranteeing bank loans to crisis-hit car manufacturers in a bid to kick-start lending, after an emergency summit. They pledged to...

Banks accused of failing borrowers

Banks have been accused of failing to keep their word on maintaining the flow of mortgage finance to would-be homeowners.Economic secretary to the Treasury Ian Pearson said it was not acceptable for ministers to be told one...

Mandelson: New Labour still alive

The business secretary, Lord Mandelson, yesterday insisted that raising the top rate of tax on those earning more than £150,000 a year did not represent the death knell of New Labour. "It is the times that have changed, not New...

Banks 'must free up lending to small businesses'

The Government kept up the pressure on banks to stand by their small business customers yesterday as concern mounted that a squeeze on the sector that is the lifeblood of the economy could force healthy firms out of business.

Banks accused of failing to keep pledge on lending

Wednesday, 26 November 2008 A Government minister today accused the banks of failing to honour commitments that they would maintain the flow of lending to small businesses and homebuyers. Ian Pearson, the Economic Secretary to...

ECONOMY: The squeeze on energy firms

Energy firms have been warned they must pass on falls in wholesale prices in gas and electricity to customers or the law will be changed to make them do so. Mr Darling said industry regulator Ofgem will investigate whether the...

Treasury urges Government to take action on Equitable Life

Conservative Treasury spokesman Mark Hoban is urging the Government to let more than one million Equitable Life policyholders know whether it intends to pay them compensation for losses incurred as a result of the mutual not...

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