Latest Channel 4 News:
Row over Malaysian state's coins
'Four shot at abandoned mine shaft'
Rain fails to stop Moscow wildfires
Cancer blow for identical twins
Need for Afghan progress 'signs'

Huge loss predicted on bailout

By Faisal Islam

Updated on 21 April 2009

The British government could lose £200bn on the cash it has poured into our banking system.

That dramatic estimate came from the International Monetary Fund and will make uncomfortable reading for the chancellor as he prepares the budget statement and another factor could undermine the economy.

For the first time in half a century the UK is experiencing deflation, a general fall in price levels.

Send this article by email

More on this story

Channel 4 is not responsible for the content of external websites.


Watch the Latest Channel 4 News

Watch Channel 4 News when you want

Latest Business & Money news

More News blogs

View RSS feed

Faisal Islam on Twitter

How to tweet

How and why to follow the Channel 4 News family on Twitter.

Most watched

image

Find out which reports and videos are getting people clicking online.




Channel 4 © 2010. Channel 4 is not responsible for the content of external websites.