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Bailout to take big stakes in RBS and HBOS
LONDON (Reuters) - The government waded in with 37 billion pounds of taxpayers’ cash to bail out three major banks on Monday, in a move that could make it their main shareholder.

UK data show plunge in housing loans
The glum outlook for UK house prices was underscored by new data showing that both the number and value of loans for home purchases fell to their lowest level in years, with mortgages for August at their smallest number since 1992