British Banks to get help from U.K. government

The U.K. government is preparing to invest money to help banks recover from market credit crisis. The U.K. government is expecting to invest $79 billion in three biggest banks of the country that include Royal Bank of Scotland Group Plc and Bank of England.

The Chancellor of Exchequer Alistair Darling and governor of Bank of England had a meeting with the RBS Chief Executive Officer.