Did you know?
Protected: Did you know that the finance sector captured 60% of all UK corporate welfare?
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bank bailouts
Corporate welfare General
UK recoups final £5.3bn in outstanding Bradford & Bingley loan
Government is set to recoup the final £5.3bn in an outstanding loan to Bradford & Bingley that was part of the 2008 Financial Services Compensation Scheme. A group of investors led by Barclay’s Bank is set […]
Corporate welfare General
Government to Recoup £3 Billion in Sale of Bradford & Bingley Mortgage Loans
SkyNews reports that the Government announced at the end of April 2017 that it will sell £3 billion in Bradford & Bingley mortgage loans in an auction that is likely to follow the June elections. […]
Corporate welfare General
Corporate welfare for the banks
Support to the banks ran at well over one trillion pounds at its peak… 18/09/15 14:55 This is a link to the National Audit Office’s estimates of the costs of support to the banks. It makes […]