Sunday 11 January 2009

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scotsman.com News - Headlines

£100bn bid to end home loan misery: Darling to guarantee new mortgages

Alastair Darling is expected to back a plan to effectively underwrite the majority of new mortgages in the UK ALISTAIR Darling is set to back a £100bn gamble with taxpayers' cash in a desperate bid to kick-start the struggling mortgage market. More info...

Recession 'until 2010'

 JOHN Swinney has given his gloomiest assessment yet of the economic difficulties facing Scotland, claiming the country will remain in recession until 2010, writes Scottish Political Editor Tom Peterkin. More info...