Summary
THE severity of the financial crisis enveloping Britain is underlined by the Government's plans to take Bradford & Bingley, the nation's largest buy-to-let lender, into public ownership.
The disappearance of B& B as a publicly-quoted bank would mean that all those former building societies which became banks in the 1990s have lost their independence in the face of the hurricane sweeping through the financial markets.See the full content of this document
Extract
We've Got Our Own Disaster
Whatever the outcome of the $700billion bailout scheme for the U.S. financial system, it is clear that Britain has its own banking disaster to deal with.
The...See the full content of this document
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