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| Birdy Member Since: 07 Oct 2011 Location: Côte d'Azur Posts: 886   
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“have completely missed the fact that it was the investmant banks, rather than the high st. operations”
C’mon, White Van Man doesn’t read further than “my few bob in Northern Rock is at risk; the government must intervene!”. The reality was/is: the man-in-the-street’s money was never at risk, only the shareholders and big players caught a cold, the general public being conned into allowing their big bonuses and profits to continue with taxpayers’ money. Nice work if you can get it though - bet on a horse with other people’s cash; if it comes first you get to keep most of the winnings, and if it comes last the government will shell out whatever the prize money would have been had it won and you still get to keep most of it. Peter |
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18th Jan 2014 7:06pm |
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| ARC99 Member Since: 19 Feb 2013 Location: North Yorkshire Posts: 1831  
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That was under the Monopolies and Mergers Act , they knew that it would happen and were prepared. It was not the leader of political party who stating his party would make them sell off part of the Group if he wins the next general election. If anything happens in Ripon it is a major story, I once saw a crowd gather in the main car park because a car had a flat tyre. The local paper sent a photographer to take pictures as it had been a slow week.  Don't make old people mad.
We don't like being old in the first place, so it doesn't take much to  us off.
Richard |
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18th Jan 2014 8:22pm |
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| leeds Member Since: 28 Dec 2009 Location: West Yorkshire Posts: 8582
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Just listen to Ed Milliband.
Next Labour Government will CREATE two new banks! Interesting no mention of how? Now for the next Labour government to create two new banks no explanation on how the government is going to do it or even WHO will provide the money to create the two new banks being created by the next Labour government. Governments only have one real source of money and that is the TAXPAYER as governments have no money of their own! Brendan |
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19th Jan 2014 10:48am |
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| Lou Sparts Member Since: 15 Apr 2012 Location: Kent Posts: 1501 
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Did,nt a previous Labour government create a bank in the seventies (or was i dreaming).What happened to that.
I don,t have a "bank" account i bank with a building society as they dont have shareholders to pander to only their customers. 2005 Td5 90 XS Steve |
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19th Jan 2014 11:16am |
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| MartinK Member Since: 02 Mar 2011 Location: Clackmannanshire Posts: 2671 
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Whilst the Banks are not my favourite organisations, they DO create a lot of wealth for the UK, they pay huge amounts of corporation tax, and also their many employees pay tax on their earnings.
However the Government are constantly fiddling with the Banking industry, to the point where as soon as they think they know what they are doing, the Govt changes their mind again, or amends legislation. The Banks can't keep up. We need a few years of stability for the Banks to heal, and then make changes. This costant Govt meddling is counter-productive. Defender "Puma" 2.4 110 County Utility (possibly the last of the 2.4's) |
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19th Jan 2014 2:36pm |
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