Jan 16: Darling's latest plan vital as growth slumps

Peter Spencer, economic advisor to the Ernst & Young ITEM club, discusses a worsening growth forecast for 2009. He says UK Chancellor, Alistair Darling needs to ease the requirements for banks to back private sector lending with equity capital.

Financial Times | March 17, 2009

Tags:. .worsening. .slumps. .lending. .darling. .advisor