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Old 10-08-2008, 09:23 AM
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Post £50bn rescue plan for UK banks at taxpayer’s expense

Details of a £50 billion rescue package have been unveiled by the UK Government, which will see Britain’s top High Street banks part-nationalised in an attempt to prevent further crises in the financial sector.Eight of the UK’s largest banks and building societies that have confirmed will take part in the plan are Abbey, Barclays, HBOS, [...]

More: £50bn rescue plan for UK banks at taxpayer’s expense
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