A group has lodged a formal application with the Guinness Book of Records to have Ireland's bank bailout recognised as the world's most expensive per capita. 

Debt Justice Action says the €70 billion needed to re-capitalise lenders including Anglo Irish Bank, AIB, Bank of Ireland and Irish Life and Permanent is the costliest since The Great Depression of the 1920s. 

Debt Justice Action's Development Officer Vicky Donnelly says Government figures show the vast scale of the bailout: