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Page last updated at 17:18 GMT, Tuesday, 3 November 2009

Darling's full statement on banks shake-up

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Chancellor Alistair Darling has outlined government plans to pump another £30bn of taxpayers' money into RBS and Lloyds banks.

The businesses will have to sell off hundreds of branches over the next four years, to stop them having an unfair advantage over chains that did not receive government help last year.

Mr Darling told the House of Commons that the taxpayer is getting a "better deal" from the shake-up.

READ MORE: Darling hails Lloyds and RBS move

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