Saturday, 3 November 2007

Loans Crisis Devalues Banks

Almost £14billion has been wiped off the value of Britain's top 3 banks in the previous 2 days due to fears of a looming crisis.

The FTSE 100 also dropped over 55 points, losing 2% in just a week.

Worldwide load markets are still feeling the crunch from the USA's property market problems.

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