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