Treasury poised to nationalise ailing bank  Takeover plan as B&B
rescue stalls World waits for US bail-out decision Bradford and
Bingley bank sign Bradford and Bingley bank sign. Photographer:
David Sillitoe David Sillitoe/Guardian  The government was last
night drawing up plans for the emergency nationalisation of the
Bradford & Bingley mortgage bank after last-minute attempts to
engineer a rescue takeover by Spain's Banco Santander ran into
difficulty. An announcement of the bank's fate will come later
today.  If it is nationalised, the intention is to place B&B in
government hands on a temporary basis to give Santander and
other possible purchasers more time to decide whether they are
prepared to do a deal. Treasury sources said there is no way the
government will allow the bank to open tomorrow with its
immediate future uncertain, for fear of a Northern Rock-style
run by savers.  It was also feared that B&B shares, which fell
to a low of 20p last week, would sink further when the stock
exchange opened for