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