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find a better deal on: Startling ... figures are a concern A YEAR after Alistair Darling first "oiled the wheels" of the banking system to get it going he's had to reach into his pocket once more. Full Article at The Sun
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It was groundhog day in the Square Mile yesterday as the Chancellor, Alistair Darling, unveiled his second attempt to revive Britain's "zombie" banks in just over a year. Full Article at The Independent
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Royal Bank of Scotland may need more taxpayer funds to nurse the state-controlled lender back to health, Alistair Darling said yesterday hours after announcing a £33.5 billion bailout package for the bank — the biggest of its kind in the... Full Article at Times Online
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The British Treasury is pouring another £39.2 billion into the country’s two largest banks. Full Article at DealBreaker
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Twelve months after a massive multi-billion pound bailout, Britain's banks are getting another £30bn in public money and in exchange for curbs on bonuses. Full Article at Channel 4
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Let's not miss the elephant in the room. The Government is having to put another £39.2bn of taxpayers' money into the banks – a bigger bailout than the original bailout last autumn.
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What we’ve got here is better structured, a better deal for the taxpayer
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will be divesting some of the holdings they have at the moment ... What you really want to do is have substantial divestment, of branches or particular institutions they own, made available to other people.
