No account yet?

Newsletter

News in your E-mail

Poll

In terms of new financial regulation, we need:
 

Comment

Public popularity for nuclear on the rise

News image

Consumer acceptance of nuclear power as a viable alternative energy source is on the increase, according to a recent survey by IBM. Two thirds of consumers polled in the independent survey supported a greater nuclear capability if it meant that the ...

Read more
Written by Stephen Spurdon    Thursday, 25 February 2010 04:41    PDF Print E-mail
Government bank holdings not likely to be sold until 2016

Nic Clarke: It will be political suicide to sell at a loss, so money could be drip fed Nic Clarke: It will be political suicide to sell at a loss, so money could be drip fed

How much of the £850bn of taxpayer cash used to finance the banking industry will be returned and how soon? That’s the question that will make many politicians cringe when asked by their local cons­tituents. However, there is some light being shed as to predictable timelines.


The National Audit Office noted in its report ‘Maintaining financial stability across the United Kingdom’s banking system’ (December 2009) that “the final cost to the taxpayer will not, however, be known for a number of years.”

Read more...
 

Our Network

Publications

REVISTA AUSBANC REVISTA DINERO Y SALUD EL CLUB DE LA BUENA VIDA JUSTICIA Y DERECHO DE LOS CONSUMIDORES REVISTA ALCUZA MONEY MARKET UNITED KINGDOM - PDF VERSION
MEDIAPINC Publicaciones de Interés y Calidad