The Government is poised to slash its estimate of how much taxpayers will lose from the bank bail-outs by "tens of billions" of pounds, it has emerged. By Edmund Conway, Economics Editor The Treasury forecast in the Budget... [read full story]
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The plan for the partial break-up of Britain’s two state-owned banking behemoths is now public, rather than simply speculative, providing a few investment options for National Australia Bank in a banking market where...
Every family in the country is now facing a tax liability of £4,350 to prop up Britain’s banking system after Alistair Darling announced the biggest bail-out in history. By Robert Winnett, Edmund Conway and Harry Wallop The...
Two years after Northern Rock became the first bank failure of this crisis, another £30 billion of taxpayers’ money needs to be thrown at the banking system. Behind all the noise about improving competition and the European...
PLANS to break up Britain’s part-nationalised banks have now been announced as part of an effort to reduce the banks’ debts and encourage competition in the sector. Royal Bank of Scotland and Lloyds have been told to sell off...
Updated on 03 November 2009 Source PA News Taxpayers have been hit for at least another £28.7 billion as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector. Royal Bank of Scotland and...
Your account has been frozen. Published Date: 03 November 2009 TODAY has proved another seismic day for the UK banking sector as two state-backed lenders unveiled break-up plans which will hit taxpayers for at least another...
Your account has been frozen. Published Date: 03 November 2009 TAXPAYERS were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector. Royal...
By Russell Lynch, Press Association Taxpayers were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector. Royal Bank of Scotland and Lloyds...
Updated on 03 November 2009 Source PA News The taxpayer's potential exposure to ailing banks has been cut by more than £300 billion as a result of Tuesday's shake-up, Chancellor Alistair Darling said. This is accounted for by...
Break-up plans for part-nationalised Royal Bank of Scotland and Lloyds Banking Group to appease European competition fears were confirmed today. RBS is selling RBS-branded branches in England and Wales, its NatWest branches in...
Gordon Brown, U.K. Government, Investing & Markets, U.K. Cabinet and Departments, Finance, Banking & Insurance, Banking, Investing, U.K. Treasury
