British Broadcasting Corporation

BBC RADIO 4

Today Weekdays 6-9am and Saturdays 7-9am

BBC News
Today
Listen again
About Today
How to listen to Today
Contact Today
Page last updated at 07:32 GMT, Monday, 22 December 2008

Bank 'did not understand crisis'

The deputy governor of the Bank of England Sir John Gieve has conceded that taxpayers may suffer a loss from the nationalisations of Northern Rock and Bradford & Bingley. He made the statement during a Panorama interview with our business editor Robert Peston, who explains the implications.

Story Tools

Editor's Choice

Troops in Afghanistan Serving soldier: 'I'm happy to go back'

Sizewell B nuclear plant New nuclear power plans set out

Henleaze Lake Angry anglers to fight fish cull
Skip to top

PRODUCTS & SERVICES

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.
Americas Africa Europe Middle East South Asia Asia Pacific