The UK government is poised to announce details of a £50bn rescue package for the banking system, the BBC's business editor has learned.
It will include a proposal to use taxpayers' money to invest in banks - in effect part nationalising them.
The dramatic initiative is aimed at stabilising the financial system and making sure banks have enough cash.
The news comes after a day of steep falls in UK banking stocks and a high-level Downing Street summit
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