RBS and Lloyds shake-up confirmed
Updated on 03 November 2009
Alistair Darling has defended Government plans to pump another £30 billion of public money into banks and insisted the taxpayer is getting a "better deal".
The Chancellor confirmed moves to break up the part-nationalised Royal Bank of Scotland and Lloyds Banking Group to appease European competition fears.
"I believe that what we have got here is better structured," he said. "It is a better deal for the taxpayer."
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