Twelve Months Ago Today

Shares in Royal Bank of Scotland tumble by almost two-thirds after it announced a loss of over 20 billion pounds, the biggest loss in British corporate history.

Alastair Darling confirms another GBP100 billion rescue package for UK banks.

The news sends the pound crashing below 1.40 against the dollar and below 1.08 against the euro.

Crude oil falls to USD33/barrel.

Paris March milling wheat closed at EUR151/tonne, whilst London May feed wheat ends at GBP118.50/tonne.