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Link to this page: http://www.socialistparty.org.uk/articles/6487

Posted on 8 October 2008 at 0:00 GMT

UK bank bailout

Lynn Walsh, editor of Socialism Today, the Socialist Party's monthly magazine, discusses the announcement of the partial nationalisation of UK banks, the £500 billion bailout, the panic coordinated worldwide central banks' cut in interest rates, and answers the question - how will it affect us, and what can the working class do about the coming recession?

UK Bank bailout #1 (4 mins)
UK Bank bailout #2 (6 mins)

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