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£50bn from the Government

Discussion in 'Chill Out Forum:' started by Greg, Oct 8, 2008.

  1. Greg

    Greg Active Member

    Hi all,

    So who's been following the news this morning? £50bn will be invested into UK banks (Abbey, Barclays, HBOS, HSBC, Lloyds TSB, Nationwide Building Society, RBS & Standard Chartered) in an effort to stabilize the economy.

    BBC News Story -

    If anyone else trades in shares at all, I'm sure you'll have been amazed at how volatile the share prices have been this week! With some banks dropping 50% of their share price in a matter of days... Crazy!

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