dinsdag 14 oktober 2008

Barclays-bank responds to the rescue plan of the British government


Barclays-bank has announced that she is considering a capital increase following the rescue plan by the British government for the banking sector. The government announced Wednesday a plan to support 50 billion pounds for the eight largest banks in Britain, including Barclays. However Barclays didn’t say if she will accept financial help from the national government for the capital increase. In exchange for the capital injection, the British government requires a partial nationalization.



Olivier Steenhaut

1 opmerking:

EcoEnglish zei

Barclays-bank has announced that she [it] is considering a capital increase following the rescue plan by the British government for the banking sector. The government announced Wednesday [Time indication: ON Wednesday, at the end of the sentence] a plan to support 50 billion pounds [a £50bn support plan] for the eight largest banks in Britain, including Barclays. However Barclays didn’t say if she [it] will accept financial help from the national government for the capital increase. In exchange for the capital injection, the British government requires a partial nationalization.

Mind un-English constructions!

olaf