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State-run 'bad bank' to buy billions in debt

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State-run 'bad bank' to buy billions in debt - A state-owned 'bad bank' could buy up tens of billions of pounds worth of bank debts in a fresh attempt by Gordon Brown to shore-up Britain's fragile financial industry



State-run 'bad bank' to buy billions in debt  [01/16/2009 01:17 PM]
A state-owned 'bad bank' could buy up tens of billions of pounds worth of bank debts in a fresh attempt by Gordon Brown to shore-up Britain's fragile financial industry
Merrill losses trigger £14bn BoA bailout  [01/16/2009 01:17 PM]
The US government today bailed out Bank of America with another $20bn (£13.7bn) to help it digest failed securities firm Merrill Lynch
Stock market report: Friday latest  [01/16/2009 01:17 PM]
12.00:On the day that short-selling of the banks is lifted comes a warning from one broker that we can expect the losses to continue for two more years
Equitable: Most victims will get nothing  [01/16/2009 01:17 PM]
Victims of Equitable Life were dealt a final insult after the Government revealed a paltry compensation scheme that will leave most with nothing
Tories want 'smart meter' in all homes  [01/16/2009 01:17 PM]
Homeowners would be told how much fuel they are using under Tory plans to install a £400 'smart meter' in every home
Parents must act now to save £1,000 in tax  [01/16/2009 01:17 PM]
Tens of thousands of parents have until 31 January to claim a tax allowance which could be worth more than £1,000
Trichet hints at extra cut to revive eurozone  [01/16/2009 01:17 PM]
European Central Bank president Jean-Claude Trichet signalled he is ready to lower eurozone interest rates again as early as March
DSG sales slide 10% as shoppers cut back  [01/16/2009 01:17 PM]
Britain's biggest electrical retailer DSG International sank deeper into the mire as shoppers cut back spending on big-ticket items
South West Trains to cut 480 jobs  [01/16/2009 01:17 PM]
South West Trains today announced it was axing 480 jobs, refusing to rule out compulsory redundancies which threatened an immediate clash with union bosses
British banks' £6bn beating over US panic  [01/16/2009 01:17 PM]
Shares in Britain's banks took a further pounding following yet more bloodletting on Wall Street yesterday
Banks battered in £15bn shares rout  [01/16/2009 01:17 PM]
More than £15bn was wiped off the value of Britain's biggest banks yesterday as investors braced themselves for more cash calls
Primark sales leap despite 'slaves' claim  [01/16/2009 01:17 PM]
Allegations of slave labour at a Manchester factory have not dented Primark's sales
Mortgage lenders tell borrowers to overpay  [01/16/2009 01:17 PM]
Mortgage lenders today advised homeowners to overpay their loans to protect from falling house prices
Zavvi fading out as 18 more stores close  [01/16/2009 01:17 PM]
Music chain Zavvi is a step closer to disappearing from the High Street, after administrators today announced the closure of a further 18 stores
Private equity: dead or just resting?  [01/16/2009 01:17 PM]
Time to treasure National Savings  [01/16/2009 01:17 PM]
The great Equitable Life sellout  [01/16/2009 01:17 PM]
The shabby treatment of Equitable Life policyholders is not an aberration but part of a consistent theme of the last 11 years
Bernanke maps a way out of the woods  [01/16/2009 01:17 PM]
Snake oil won't insure we still put our trust in Aviva  [01/16/2009 01:17 PM]