It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Originally posted by dodgygeeza
reply to post by Merriman Weir
It's more fun if you throw your arms up when you reach the steep dive!
We've seen this coming, but could we have really done anything about it?
Originally posted by infinite
There has been a massive exodus in the UK to Irish banks.
At 1000 GMT (2100 AEDT), the British capital's FTSE 100 index of leading shares showed a loss of 6.21 per cent at 4,670.89 points - the lowest point since November 1, 2004.
The UK government is poised to announce details of a comprehensive rescue package for the banking system, the BBC's business editor has learned.
It will include a proposal to inject capital into banks and to provide a standby facility to ensure UK banks have enough cash.