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Government guarantees for mortgage-backed bonds and allowing lenders to swap loans for easily saleable government debt could be among proposed remedies for the ailing mortgage market in a report due out on Monday.

Fiscal stimulus plans to tackle the crisis – Countries around the world are setting out fiscal stimulus packages to help their economies withstand the impact of the global financial crisis.

Darling promises recession help (Epolitix via Yahoo! UK & Ireland News)
The chancellor has pledged to provide support to help people through the economic downturn amid expectations that he will use the pre-Budget report to cut VAT by 2.5 per cent.