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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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