Savers hit NR for billions

After September's announcement that the bank was using the Bank of England as its lender of last resort and the ensuing mayhem, shares plummetted and consumers lost all faith in the floundering lender.

In the weeks since, shares have fluctuated, finally picking up again after a heavily publicised bid by the Virgin Group. Now it has been reported that shares have plunged once again after it was revealed that savers have withdrawn £10.5 billion from the bank to date, almost half the £25 billion it had stored in its deposit accounts prior to September's chaos.

A buy-out is yet to be finalised, however the Daily Telegraph has reported that all proposals from potential suitors must be tabled by next Friday.