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Turner: More work on lending needed

Turner: More work on lending needed
The chairman of the Financial Services Authority, Adair Turner, thinks the UK needs to do more to stimulate the flow of credit. Speaking in his role as a member of the Bank of England's Financial Policy Committee, Mr Turner will today say it is possible that "further creative policy combinations will be needed" on top of the measures recently announced by the Bank. Meanwhile, Financial Services Minister Mark Hoban has set out proposals to reduce banks' control over payments systems, and the Office of Fair Trading has been given powers to strip payday lending firms of their licences.

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On Air

Summaries and transcripts from TV and radio

Lisa Nandy: Govt must bring forward proof of £4bn civil partnership claim

3 hours ago on The Westminster Hour, BBC Radio 4

Amber Rudd: IMF will like what it sees of the UK's economy

3 hours ago on The Westminster Hour, BBC Radio 4

Tim Loughton: Govt trying to kick civil partnerships issue into the long grass

3 hours ago on The Westminster Hour, BBC Radio 4

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Commons Reports

Ed Miliband a 'wishy washy wally' on Europe

16/05/2013

Transcript

Keith Joseph Memorial Lecture - Michael Gove on Keith Joseph and Cameron's Conservatism

16/05/2013

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Press Releases

Freedom to Marry: Over 125 Conservative senior activists including association chairman support same sex marriage

19/05/2013

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Lobby Briefings

Downing Street plays down Hammond comments

17/05/2013

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