Alistair Darling and Gordon Brown are being urged to ensure that banks accepting the taxpayer bail-out avoid repossessing homes and keep making credit available to low-income householders and small businesses.

The Liberal Democrat leader, Nick Clegg, has written to the prime minister urging him to demand that banks repossessicon family homes as a last resort and ban banks from withdrawing credit lines from small businesses.

The chancellor is also being advised to seek a commitment from banks on avoiding repossessions and making credit available to low-income households by the entrepreneur Clive Cowdery in his capacity as chairman of the charity Resolution Foundation.

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Government asked to ensure bailed out banks don't repossess homes | Business | guardian.co.uk

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