The leading source for credible citizen reporting

Report Your News
Take the tour...

Alistair Darling to unveil plans to break up Lloyds and TSB

Cheltenham : United Kingdom | about 1 month ago  
Views: 29
  • The British government is set to approve refinancing plans for part-nationalised banking group Lloyds TSB
    The British government is set to approve refinancing plans for part-...
    Source: AFP
The British government is set to approve refinancing plans for part-...
B Three new banking chains to be created, offering a better deal for the consumer Three new high-street banking chains are expected to be created by the government by splitting up Royal Bank of Scotland and Lloyds Banking Group , it emerged last night.
  • Print
  • Share:
  • Share
  • Digg
  • Reddit
  • Facebook
  • Stumbleupon

Related Allvoices Contributions

News Stories
 
  • News Source: The Scotsman | about 1 month ago
    The likelihood is that high streets up and down Britain will be transformed over the coming years...In some cases old names may disappear from some areas, such as RBS in England and some long-lost names, such as Williams & Glyn, might reappear. Even...
  • News Source: Sify News | about 1 month ago
    The British government is poised to sell off some of the country's struggling banks bailed out and nationalised in the wake of the global financial meltdown, it was reported Sunday.
  • News Source: The Age | about 1 month ago
    Britain's high streets as part of a major break-up of the sector to be announced by the Government this week. Chancellor Alistair Darling will confirm over the next few days that Royal Bank of Scotland and Lloyds Banking Group, both of which are...
  • News Source: Channel NewsAsia | about 1 month ago
    Britain's government is to create three new high street banks from bailed out lenders Royal Bank of Scotland, Lloyds Banking Group and Northern Rock, media reports said on Sunday. The huge shake-up comes as the government seeks to recoup taxpayers'...
  • News Source: Guardian Unlimited | about 1 month ago
    B Three new banking chains to be created, offering a better deal for the consumer Three new high-street banking chains are expected to be created by the government by splitting up Royal Bank of Scotland and Lloyds Banking Group , it emerged last...
  • News Source: The independent | about 1 month ago
    Three new high street banks will be formed as Royal Bank of Scotland and Lloyds Banking Group are broken up. Each of the two Treasury-controlled banking giants will have assets sold off to increase competition between lenders and recoup money for...
Blogs
 >
  • Blog Source: forum.globalhousepricecrash.com
    Alistair Darling, the Chancellor, will confirm over the next few days that Royal Bank of Scotland (RBS) and Lloyds Banking Group, both of which are majority-owned by the taxpayer, will be split up. ... BankCo, the "good bank" portion of the entirely
  • Blog Source: www.zerohedge.com
    The two semi-private banks slated for gutting are Royal Bank of Scotland and Lloyds Banking Group, both of which were saved by taxpayer bailouts in the last year or so. In addition, Northern Rock, which is completely owned by the state, ... So, while
  • Blog Source: www.sfexaminer.com
    The government has significant stakes in both RBS and Lloyds Banking Group. The European Union has kept a wary eye on efforts by Britain and other governments to prop up their banks, warning that it may call on banks that got public ...
  • Blog Source: www.sfexaminer.com
    That figure would include all of Northern Rock's 100 or so branches, as well as some of the Lloyds Banking Group PLC's approximately 3000 branches and just over 2200 branches operated by the Royal Bank of Scotland Group PLC. ...
  • Blog Source: blog.taragana.com
    The assets being sold off would be reserved for new entrants to the British banking market, effectively creating three new banks over the coming years. Treasury chief Alistair Darling said the move was in the interest of competition. ...
Images
 >
 
Videos
 >
 
Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Cell phones Cell phones use report code: @4528431

Most Popular Reports

Related Tweets

Related Allvoices Reports

Related People

Contributions

Help and Accounts


Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc 2008-2009. All rights reserved.