The Telegraph is convinced that the natonalisation of RBS is not far awaya fter yesterdays events.Reporting that its shares fell more than 65 pe cent after warning of huge losses,the paper says that Banking experts said that there was now only a "vague chance" that RBS will not be nationalised - possibly within days.
The Independent describes yesterday's events as bloodbath part2,"The scale of the losses," it says "raised fears that RBS would be fully nationalised and that other banks, such as Barclays, could find themselves controlled by the state.
The Times calls RBS the bank that sank.
The Express' take on matters is its front page headline Another fine mess you have got us into referring to the chancellor.
The Mirror though on its front page says that we shouild all have no fear and Britain is safe in the hands of Brwon and Darling.
The Guardian leads with today's inauguration in Washington calling it a magic spell which will open a new era in America.The Independent says that when Barack Obama takes the Oath of Office, America's 50-year quest to find a truly transformational leader will finally be over.
The Mail leads with the news that from today cancer patients will get free prescriptions.Pointing out that it comes a year after the same move in Scotland,it will save patients around £100 a year.
The Telegraph says that the rebuilding of Gaza will cost billions according to a UN report adding that "nearly $2 billion in assets during Israel's three-week war on Hamas, including 4,100 homes, about 1,500 factories and workshops, 20 mosques, 31 security compounds and 10 water or sewage lines."
Finally the front page of the Sun reports that prisoners are to get their own radio station at a cost of £2m to the taxpayer.
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