Brown to hold housing crisis talks
Gordon Brown will meet bank chiefs this week to discuss the housing market crisis after urging them to pass on the latest interest rate cut to borrowers.
The Prime Minister has called them to Downing Street for breakfast talks on Tuesday before he departs for a visit to the US, where the global financial turmoil will be high on the agenda.
And the country’s biggest lenders will later face a crunch summit with Chancellor Alistair Darling in a bid to find ways to help ease the situation.
Source: PA News
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