Getting out of the Alliance and Leicester ...
"However the massive price fall was not thought to reflect big withdrawals from the bank's deposits, BBC business editor Robert Peston said."
Mr Peston's quite right. The withdrawals will follow the share fall !
Who's next for the money-go-round ? Is that you, Mr Bradford ?
(It's probably coincidence, but I saw billboards for Britannia today, pointing out the advantages of having no shareholders. Good timing.)
1 hour ago