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Bank bail-out: rewards for some

The Tories announced plans yesterday to reward some taxpayers for the public bail-out of Lloyds Bank — those with enough spare cash to buy shares at knock down prices. The Tory government intends to sell at least £2 billion worth of shares to the public next spring. And small investors can make 20 per cent … Continue reading

Don’t be beastly to the bankers!

Check out the splash in today’s Sunday Times: “The boss of Royal Bank of Scotland will be handed a £780,000 bonus just weeks after the bailed-out lender was fined £390m for its role in the global interest rate rigging scandal. “… The bonanza comes at a sensitive time for the Edinburgh-based lender, which was rescued … Continue reading

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