Daily Mail - UK logo Daily Mail - UK 1 month ago

£50billion bailout for banks as Alistair Darling more than doubles Lloyds and RBS rescue...but gets a chilling warning

Horse-trading: Lloyds will have to sell off hundreds of their branches to meet EU competition rules

Ministers yesterday launched a £50billion bailout of Britain's crippled banks - and warned there could be worse to come. Full Article at Daily Mail - UK

Related Topics:

  1. Royal Bank of Scotland
  2. George Osborne
  3. European Commission

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    Nov. 3: Britain on Tuesday announced a second bailout of two banks — Royal Bank of Scotland and Lloyds Banking Group - worth more than £31 billion as chancellor of the exchequer Mr Alistair Darling, confirmed fundraising and break-up plans for the two... Full Article at Asian Age

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    Taxpayers' £40bn bill as bailed-out banks are split up
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    As critics slammed the latest bail outs, both banks promised that нbonuses for executive directors would be deferred until 2012. Staff earning more than г39,000 would not get any bonuses this year. Full Article at Daily Express

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  1. Britain's Prime Minister Gordon Brown poses with Australia's Prime Minister Kevin Rudd (R) before a meeting at a hotel beside the United Nations Climate Change Conference in Copenhagen December 15, 2009.
  2. WINTERBERG, GERMANY - DECEMBER 13: Pilot John James Jackson (front) and his team members Henry Nwume, Steve Smith and Ryan Freckleton of Britain compete in their first run of the four man bobsleigh competition during the FIBT Bob & Skeleton World Cup at the bob run on December 13, 2009 in Winter...
  3. A man walks out of the main London branch of the Royal Bank of Scotland in the city of London Thursday, Dec. 3, 2009.
  4. LONDON, ENGLAND - NOVEMBER 23: Stephen Hester, the Chief Executive of the Royal Bank of Scotland, delivers a speech to the CBI annual conference at the Park Lane Hilton hotel on November 23, 2009 in London, England.
  5. LONDON, ENGLAND - SEPTEMBER 01: Climate change protesters blockade the entrance to The Royal Bank of Scotland's headquarters on September 1, 2009 in London, England. Climate campaigners have also been staging a week long protest camp in Blackheath south London.
  6. LONDON, ENGLAND - AUGUST 12: Businessmen chat outside the headquarters of RBS (Royal Bank of Scotland) in London's financial district on August 12, 2009 in London, England.

Cast of Characters

  1. Royal Bank of Scotland Royal Bank of Scotland
  2. George Osborne George Osborne
  3. European Commission European Commission
  4. UK Conservative Party UK Conservative Party
  5. See stories, photos, and quotes about Fred Goodwin Fred Goodwin