Britain notifies EU executive of bank bailout plan

Mon Oct 13, 2008 4:19pm BST
 
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BRUSSELS (Reuters) - Britain has notified the European Commission of its rescue package for the UK banking system, a spokesman for the European Union's executive arm said on Monday.

"The UK plan has been notified," spokesman Jonathan Todd said. He gave no further details.

(Reporting by Darren Ennis, editing by Dale Hudson)

 
A dealer works on the trading floor shortly after the U.S. markets opened, at CMC Markets in London October 3, 2008. REUTERS/Toby Melville
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