We need your support to keep TheyWorkForYou running and make sure people across the UK can continue to hold their elected representatives to account.

Donate to our crowdfunder

TheyWorkForYou

Menu

Banking

House of Lords written question – answered on 12th December 2011.

Alert me about debates like this

Photo of Lord Myners Lord Myners Labour

To ask Her Majesty's Government what are the implications for the future of Project Merlin of government interventions in the provision of credit and the guarantee of private sector risks.

Photo of Lord Sassoon Lord Sassoon The Commercial Secretary to the Treasury

On 29 November, the Chancellor announced credit easing. Credit easing builds on the action the Government have already taken to support businesses through the Project Merlin commitments agreed with the major banks.

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.