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More taxpayers' money looks set to be poured into Britain's banks amid growing signs that the Government's controversial £37 billion bailout has failed to ease the credit squeeze.
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More taxpayers' money looks set to be poured into Britain's banks amid growing signs that the Government's controversial £37 billion bailout has failed to ease the credit squeeze.
More...Tags: bailout, bank, britain, britains, businesses, corrupt, credit, economy, failing banks, government, money -
Re: Taxpayers set to hand over MORE cash to bail out Britain's failing banks
SORRY............ But IMO stuff the failing banks, they caused the problem and it has hit all sectors of the economy now. The government should should never have bailed out the banks, rather they should have bailed out Woolworths and the other failing businesses rather than the banks. The banks employ very few staff and have proved to be econocomically corrupt. I think the best thing the government could do is let the failing banks close.Borrow money from a pessimist -- they don't expect it back.
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