Brown: families 'understand' reasons for £500 million bank bail-out

Published by Hannah Wooderson for Families understand the importance of putting the banking system on a sure footing, Gordon Brown said today following the Government's £500 billion bank rescue. The Prime Minister said he would be travelling around the country over the next two days to talk to parents about the current economic situation and explain how the Government was dealing with it. He took a brief break from dealing with the financial crisis today to play playground games with toddlers at a SureStart nursery at the Beormund Community Centre in Bermondsey, south-east London, accompanied by Schools Secretary Ed Balls. Speaking in the playground about how he could reassure parents about the bank rescue, Mr Brown said: "Banks are so important to our financial system and we've got to put the banking system on a sure footing... [read full story]