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Chancellor's orders: Alistair Darling has told the Bank of England it needs to cut interest rates Alistair Darling has virtually ordered the Bank of England to cut interest rates, it was claimed today. In comments that risked...
Gordon Brown has said a £500 billion bail-out of British banks will restore "confidence and trust" in the financial system. The announcement prompted volatile trading in the shares of Royal Bank of Scotland (RBS) and HBOS, the...
• FTSE 100 nosedives in early trading • Bail-out equivalent to £2,000 for every UK taxpayer • Darling hints interest rates may be cut tomorrow Brown and Darling explain the bail-out during a news conference in 10 Downing...
