Financial Times FT.com

UK plans more action to jump-start economy

By George Parker, Chris Giles and Peter Thal Larsen

Published: January 17 2009 00:01 | Last updated: January 17 2009 00:01

Gordon Brown has thrown hundreds of billions of pounds at Britain’s banking crisis in the form of loans, guarantees and other schemes, but there are now plans to do much more.

The bleak banking news from the US and Ireland ­on Friday intensified speculation that Mr Brown, the prime minister, may need to order new means of propping up Britain’s banks, just months after the £37bn taxpayer-funded bail-out.

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