Flood victims given breathing space by banks and building societies

Britain’s major banks have pledged to back up flood victims having a package of economic measures, including “payment holidays” on mortgages, following intense Whitehall pressure.

RBS and NatWest, majority belonging to the us govenment, have led how which includes a promise that victims are able to defer home loan payments for three months to help relieve the financial burden a result of the widespread flooding. Additionally, it is improving the daily amount that affected customers may take out of cash machines from