Struggling former building society, Bradford & Bingley (B&B), is to be rescued by British banks due to pressure from the Financial Services Authority (FSA).The regulator has been taking responsibility for ensuring that B&B’s capital-raising does not head towards disaster after the criticism it received for neglecting to foresee the problems that led to the demise [...]

More: Bradford & Bingley rescued by British banks

This is good news for all banks and give us a glimmer of security

Yep - especially for those with BB!

It is good to see that all the banks can come together and back each other adding confidence to consumers