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RBS shares collapse after it reveals record £28bn losses and faces nationalisation

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RBS shares collapse after it reveals record £28bn losses and faces nationalisation - Shares in Royal Bank of Scotland collapsed today after it revealed a £45bn loss - the biggest in British commercial history - and faced the prospect of near-total nationalisation



RBS shares collapse after it reveals record £28bn losses and faces nationalisation  [01/19/2009 01:17 PM]
Shares in Royal Bank of Scotland collapsed today after it revealed a £45bn loss - the biggest in British commercial history - and faced the prospect of near-total nationalisation
Banking crisis: Taxpayer to underwrite loans in new £200bn bailout  [01/19/2009 01:17 PM]
Banks will take a further step today towards full-scale nationalisation as hundreds of billions is pumped into banks to try to save the economy
Stock market report: Monday latest  [01/19/2009 01:17 PM]
12.00Rio Tinto made a firm start to the week amid whispers that one of its biggest shareholders may take advantage of the recent collapse in the share price
Northern Rock's bid to boost mortgages welcomed  [01/19/2009 01:17 PM]
Mortgage lenders today gave a cautious welcome to moves by the Government to allow nationalised bank Northern Rock to bolster its presence on the mortgage market
Bail-out will cause bank shares turmoil  [01/19/2009 01:17 PM]
Investors in Britain's banks were bracing themselves for fresh turmoil as the Government announces a second rescue package
Bank is given the green light to print more money  [01/19/2009 01:17 PM]
The Bank of England was today given a licence to print more money to bail out the failing economy
Treasury bid to kick-start home loans  [01/19/2009 01:17 PM]
The Government will attempt to kick-start the housing market this week by announcing plans to guarantee mortgage lending
Our house was repossessed by mistake  [01/19/2009 01:17 PM]
A family returned home to find the locks changed and a repossession order in place. But it should have been the neighbour's house to be seized
Report shows UK economy is in 'freefall'  [01/19/2009 01:17 PM]
Britain faces the steepest fall in output since the Great Depression an influential report will claim tomorrow
Beckett blunder as house prices fall again  [01/19/2009 01:17 PM]
Margaret Beckett was accused of being 'divorced from reality' after suggesting first-time buyers should buy amid signs of a property market 'upturn'
EU will buy your old banger for £1,000  [01/19/2009 01:17 PM]
Car owners may be paid £1,000 to scrap their old model if they buy a new 'greener' vehicle under plans being promoted by the EU Industry Commissioner
M&S slims down models' budget  [01/19/2009 01:17 PM]
The supermodels who have fronted M&S's hugely successful advertising campaigns are expected to disappear from promotions - for a while, at least
A to Z of the Sunday newspapers  [01/19/2009 01:17 PM]
Here's our summary of what the business papers are reporting from the financial world this Sunday | Sunday newspaper share tips
Queue here to double your money  [01/19/2009 01:17 PM]
In the gloomy days of credit crunch Britain, it was a stroke of luck no one was going to turn down - a cash machine issuing customers with double money
State-run 'bad bank' to buy billions in debt  [01/19/2009 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
Big picture on digital media must be the focus  [01/19/2009 01:17 PM]
Equitable delay truly beggars belief  [01/19/2009 01:17 PM]
Banks need flexibility on toxic debts  [01/19/2009 01:17 PM]
Hetherington: Abbey's nasty habits  [01/19/2009 01:17 PM]
Midas share tips: Cadbury and Young's  [01/19/2009 01:17 PM]
Long hours are foreign to us  [01/19/2009 01:17 PM]