Government confirms second bailout for banking industry

In a week that saw Royal Bank of Scotland reveal losses of around £28 billion, and saw share prices in banks plunge amidst fears over instability, the Prime Minister has announced the second bailout of the banking industry in the space of just a few months, and once again this will come at the taxpayers’ expense. Read more

Tags: prime minister gordon brown, single one, bank bailout, week, fears, Minister, plan, government help

Ministers consider broadband for all

According to recent reports government ministers are now looking into broadband for all home amidst concerns over the disadvantages suffered by unconnected homes. Many officials have been expressing concern over the educational and other disadvantages that are being suffered by households where there is no broadband connection, and as a result of these concerns ministers are now said to be looking at the prospect of connecting all homes to broadband. Read more

Tags: broadband, BT Group, amidst, prime minister gordon brown, facility, chief executive, Many officials, Business Finance