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Thu 10 Oct 2008Darling intervened on bank guarantee plan - report

Anger over the Government's bank guarantee scheme has grown with reports that British chancellor of the exchequer Alistair Darling made two calls to Minister for Finance Brian Lenihan yesterday to express concern over the impact of the plan on British banks.

According to a report in today's Guardian, Mr Darling intervened twice with the Minister for Finance amid fears that customers in the United Kingdom were flocking to switch accounts to Irish banks following the Government's decision to set up the guarantee scheme.

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