(WASHINGTON) The US Treasury Department is considering giving banks and investors billions of dollars in fresh incentives to modify troubled mortgages and save homeowners from foreclosure, sources familiar with official deliberations said.
The chancellor gambled on a rapid economic recovery and took an axe to his public spending plans as projected government borrowing surged to a peacetime record
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The chancellor said the UK economy would start growing again by the end of 2009 and promised action to prevent an entire generation being lost to unemployment
100 per cent mortgages should be allowed, expert says
JPMorgan introduces gearing to investments