LONDON, Oct 13 (Reuters) - Three major British banks could take 37 billion pounds ($64 billion) in government money to boost their capital, the UK Treasury said on Monday. Following are comments by finance minister Alistair Darling on various British media: SMALL BUSINESSES, PAY "It's necessary because we are going through quite... [read full story]
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Chancellor Alistair Darling today defended today's dramatic cash injection for the banks as a "significant step" to restoring confidence in the system. In a Commons statement, Mr Darling said the measures were "essential to...
LONDON, Oct 13 (Reuters) - Britain bailed out three major with 37 billion pounds ($64 billion) to boost their capital, the UK Treasury said on Monday. Following are comments by Prime Minister Gordon Brown and finance minister...
