Osborne dismisses a report that banks will need more state aid

10/4/2010 | Reuters

UK Chancellor George Osborne rejected a report from think tank New Economics Foundation suggesting that banks might need more state aid. "I am certainly not expecting and I have no indication at all that any British bank needs any further support," Osborne said. "Those decisions were taken, and the banking system in Britain is much more stable than, for example, the banking system in Ireland."

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