Chancellor rules out more help for banks

City A.M. Reporter
Chancellor George Osborne said o he was not expecting any bank to need any further government support.

aked about a report by a thinktank, the New Economics Foundation, suggesting banks could ask the government for more help, he said: "I am certainly not expecting and I have no indication at all that any British bank needs any further support.

"Those decisions were taken and the banking system in Britain is much more stable than for example the banking system in Ireland."