government paid to bail out their old bank of scotland and lloyds t.s.b. may be lost for good at least that's according to an influential group of british m.p.'s who were looking into the set of another bank which had to be saved the bill for that adventure was two billion pounds well for more on this story let's go live now to london where correspondent sara firth well so. it's staggering that all that money seriously go down the drain. it is staggering we've actually got a little what is the difference between the u.k. government and a sixteen year old girl with her father's credit card. no i do know you told me both. like to irresponsibly spend other people's money with little thought for the consequences it is absolutely i was fearing think is what we're talking about here i mean it would seem a bad joke except of course it's no laughing matter really because it's a huge amount of taxpayers' money that it seems is being lost to this is all focused around the public accounts committee investigation into the sale of northern rock that was the bank that i

and lloyds t.s.b. may be lost for good. breaks down the numbers for. this is all focused around the public accounts committee investigation into the sale of northern rock that was the bank that if you cast your mind a couple of years back was one of the first to get the big banking bailout is estimated that for northern rock for taxpayers a set of these around thirty billion but that's not the worst of it because of the s. and lloyds bank oh also you had a lot of typos money funded into those bailouts and the taxpayers could be set to release a staggering sixty six billion pounds on that is very very hard to wrap your head around those figures so we're going to try and compare it really the amount that was put into those bailouts to what we have in the moment spending on social welfare such as pensions education health care and defense these figures coming at a time when everyone here is struggling in a daily we're talking to people who are really struggling to survive in the country in the midst of this very very tough economic times and you kind of g

come under fierce criticism after it was claimed the sixty six billion pounds spent to rescue lloyds t.s.b. and the royal bank of scotland may never be recovered the report from m.p.'s says that british taxpayers have already lost about two billion keeping another financial institution afloat let's get the numbers on this and all the stats sarah for three points. this is all focused around the public accounts committee investigation into the sale of northern rock that was the bank that if you close your mind a couple of years back was one of the first to get big banking bailout is estimated that for northern rock the taxpayer is set to lose around thirty billion but that's not the worst of it because all of the s. and lloyds bank oh also had a lot of taxpayers' money funded into those bailouts and the taxpayers could be set to release a staggering sixty six billion pounds on that is very very hard to wrap your head around those figures so we're going to try and compare it really the amount that was put into those bailouts to what we have in the moment spending on social welfare such as pen