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Thanks to Santander-Abbey all is not doom and gloom in UK banking

You read the London newspapers and if you believe them Britain is going broke
The Times 11/12
“”Facing up to the crunch at last,”
“Fears of further writedowns send chill through the City”
“Rock investor delivers profit warning”
“Crunch hands Lloyds TSB £201 million write down”

The Barclay’s Telegraph 11/12
“UBS moves to strengthen capital after $10 billion write-down”
“RAB profits hit …”

Compare with Spain:
“Banco de Santander/Abbey opens 300 new offices in Britain”. (El Pais, Madrid. www.elpais.com).

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