Brown Under Pressure To Reveal Details Of His £1.9 Trillion Bank Bail-Out Gamble

Pressure was today mounting on Gordon Brown to clarify his drastic ?1.9trillion bank bail-out designed to restore confidence in the City.
Industry leaders have already demanded a clearer outline of a sketchy plan unveiled last night which involves raising the personal savings guarantee to ?50,000.
However, the move will not come in immediately which has led to calls for more concrete detail.

Angela Knight, Chief Executive of the British Bankers' Association told Radio 4's Today programme: 'I think we need some clarity.
'If the Government is going to make that shift, then let's shift.
'We're in a particular situation which is called extremely difficult.'
The current savings guarantee is set at £35,000, which covers 96% of people in the U.K.

Raising the benchmark to ?50,000 would provide insurance for an extra two per cent.
It emerged last night that the Prime Minister has taken the unusual step of hiring bankers UBS and N M Rothschilds to advise him on a possible bail-out deal, independent of Chancellor Alistair Darling.
Whitehall sources confirmed that the Government is considering a scheme that would match a guarantee announced yesterday by the Irish government to protect all bank bonds, debts and deposits.

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The US thought they had it bad at $700 billion Bail out. £1.9 trillion pounds , you got to be joking !!

And with UBS and Rothschilds advising him you can bet your bottom dollar that it will be an absolutely crap deal for the taxpayer saddling us with more massive debts for years to come.

The UK public must email, write, phone or physically get in front of your M.P and demand that this is stopped otherwise we will vote them out of office!!!