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Bank's £50bn rescue plan 'needed'
A plan to loan billions of pounds to UK banks is needed to stop the financial crisis worsening, the chancellor says.
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Royal Bank Of Scotland May Sell Insurance Businesses
Embattled financial giant Royal Bank of Scotland is said to be considering selling its insurance arm for up to £5bn.
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Darling unveils £50bn bond issue to rescue mortgage market
Government hopes banks will use bonds to restart lending between themselves and reinvigorate housing market
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Bank to detail £50bn rescue plan
The Bank of England is to unveil details of a £50bn plan to prevent the credit crisis further damaging the UK economy.
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Bank Of England To Inject Cash Into Banking System Over Credit Crunch
The Bank of England is preparing to inject a reported £50bn into the banking system to ease the effects of the credit crunch.
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Royal Bank Of Scotland Confirms To Sell New Shares
Royal Bank of Scotland has officially confirmed it is considering selling billions of pounds worth of new shares to raise cash in a move aimed at shoring up its finances.
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Royal Bank Of Scotland Confirms To Sell New Shares
Royal Bank of Scotland has officially confirmed it is considering selling billions of pounds worth of new shares to raise cash in a move aimed at shoring up its finances.It has said it will be making a statement on the details in due course.
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Darling to bail banks out with £50bn of taxpayers' money in bid to ease financial cri
The Bank of England will today reveal plans to inject £50billion into the financial system to halt the threatened mortgage meltdown. Without the rescue there is 'every chance that the situation will get worse', Chancellor Alistair Darling said yesterday
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Banks get a £50billion loan, courtesy of the taxpayer in bid to ease financial crisis
The Bank of England will today reveal plans to inject £50billion into the financial system to halt the threatened mortgage meltdown. Without the rescue there is 'every chance that the situation will get worse', Chancellor Alistair Darling said yesterday
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Banks await £50bn bonds-for-debts offer
The British banking system is poised for an unprecedented £50bn cash injection today, designed to ease fall-out from the credit crunch.
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Q&A: What is the Bank of England planning to do?
After intense lobbying by the banking industry, the Bank is drawing up a plan that is intended to make it easier for mortgage lenders to raise money
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Bank Of England To Inject Cash Into Banking System Over Credit Crunch
The Bank of England has confirmed it it to inject £50bn into the financial system to ease the effects of the credit crunch.
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Bank unveils £50bn rescue package
A £50 billion rescue package for banks hit by the credit crunch was unveiled by the Bank of England today.
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Bank Of England To Inject Cash Into Banking System Over Credit Crunch
The Bank of England has confirmed an injection of £50bn into the financial system to ease the effects of the credit crunch.
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Why Bank Of England Moved To Help The Banks
The action the Bank of England has taken to bail out the UK's under-pressure banking system to the tune of £50bn - and potentially a great deal more - is totally unprecedented.
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