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Bail-out put into action

A revolution in British banking will be sparked when Gordon Brown's plans or the taxpayer to take stakes in the High Street's biggest names are unveiled.

HBOS and Royal Bank of Scotland could be effectively nationalised as the Government puts its £500bn rescue plan for the financial system into action.

Lloyds TSB and Barclays will also ask for cash, leaving HSBC as the UK's only fully-independent High Street bank.

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