Chancellor Alistair Darling on brink of second bailout for bankshttp://www.thetimes.co.uk/tto/business/industries/banking/article2160028.ece Billions may be needed as lending squeeze tightens
Alistair Darling has been forced to consider a second bailout for banks as the lending drought worsens.
The Chancellor will decide within weeks whether to pump billions more into the economy as evidence mounts that the £37 billion part-nationalisation last year has failed to keep credit flowing. Options include cash injections, offering banks cheaper state guarantees to raise money privately or buying up "toxic assets"
