Just as we commonly require public utilities to offer lifeline rates to senior citizens in exchange for the right to maintain their monopolies, banks should now be required to provide non-profit interest rates to students in exchange for the bailout and other support they regularly receive from government.
Therapeutic feeding: 'A critical lifeline' Malnutrition rates are increasing in western Chad's Kanem Region, where Mao is located, as the region is gripped by severe food shortages due to a lack of rain.
On February 7th the MPC threw out another lifeline by lowering the rate to 5.25%.
The commission also acknowledged that "contact between inmates and their loved ones has been shown to reduce the rate of recidivism," by providing a lifeline to prisoners, as a range of studies over the last 40 years have shown.
The bank's decision came after the European Central Bank also kept interest rates steady, though it threw a lifeline to struggling banks to ward off a credit crunch.
Also competing for huge amounts of financing is the European Financial Stability Facility, the lifeline fund intended to help keep the interest rates of countries like Italy and Spain from rising to the levels that forced Greece to take a bailout.
Many privately admit that the weeks of rain have thrown them a lifeline after increased airport security and, crucially, rising interest rates, led to poor sales for the first half of the year.
Lower down the market AIM listed Lifeline Scientific, which has a storage technology that improves the success rate for kidney transplants, jumped 8% to 222.5p after it said it would conduct a strategic review to unlock shareholder value.
It is a lifeline benefit for the most severely disabled people who receive the highest rate of the care component of DLA, and who require more than £340 a week support from the council.
Lloyds Banking Group has been accused of unlawful behaviour by the Bank of England after it emerged its traders had manipulated interest rates in order to cut fees for its emergency lifeline at the height of the financial crisis.
