Words in the News: Raid

Up to 60,000 British savers are to lose thousands of pounds each after European finance chiefs ordered an unprecedented raid on personal bank accounts.  Full story >>

VOCABULARY
If someone raids a place such as a bank or home, they go into that place to steal something. • The gang raided three homes in the area.

Related articles

Cyprus Citizens Angered by Savings Levy

Britons fear hit on finances after Cyprus bank bailout

CONFISCATION: Panicked Europeans Rush ATMs as Leaders Move To Seize Funds Directly From Bank Account Holders

ATMs emptied across Cyprus after savers learn 10billion euro bailout agreement includes levy on all bank accounts