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TheCountOfNowhere

Banks Doing Their Bit To Make Sure Interest Rates Stay Low...

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http://www.bbc.co.uk/news/business-26131799

"Barclays plans to cut between 10,000 and 12,000 jobs this year, including 7,000 in the UK."

That ought to help this economic miracle that we know as the Great British economy ( aka - Zimbabwe economics ).

The cuts came as Barclays said it had increased the total amount it paid on staff bonuses last year.

The bankers are looking after their own.

Edited by TheCountOfNowhere

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http://www.bbc.co.uk/news/business-26131799

"Barclays plans to cut between 10,000 and 12,000 jobs this year, including 7,000 in the UK."

That ought to help this economic miracle that we know as the Great British economy ( aka - Zimbabwe economics ).

The cuts came as Barclays said it had increased the total amount it paid on staff bonuses last year.

The bankers are looking after their own.

Staff made redundant profits down ..but Bonuses up for the lucky few .. :rolleyes:

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Staff made redundant profits down ..but Bonuses up for the lucky few .. :rolleyes:

And there is the gem from the BBc

http://www.bbc.co.uk/news/business-26128700

"

CBI: UK seeing 'right kind of growth'"

"He said the recovery was not a "debt-fuelled, housing bubble-led recovery", as some economists have feared."

laugh.giflaugh.giflaugh.giflaugh.giflaugh.gif

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And there is the gem from the BBc

http://www.bbc.co.uk...siness-26128700

"

CBI: UK seeing 'right kind of growth'"

"He said the recovery was not a "debt-fuelled, housing bubble-led recovery", as some economists have feared."

laugh.giflaugh.giflaugh.giflaugh.giflaugh.gif

Thats not what the TSB claims....they claim banks are essential to the economy, are a reliable cornerstone in peoples lives, are the bright light at the end of a recession...see the TSB thread.

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Thats not what the TSB claims....they claim banks are essential to the economy, are a reliable cornerstone in peoples lives, are the bright light at the end of a recession...see the TSB thread.

They would say that wouldn't they.

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It's never a bad day when a banker loses his job.

It's never a bad day when a banker loses his job liberty.

I await the rush of prosecutions from 2007....

http://www.bbc.co.uk/news/business-26123376

"

Banking standards oversight plan revealed"

"Banks would have to report each year on their behaviour and competence under proposals for an independent body to oversee the industry."

That ought to scare them into self regulation rolleyes.gif

Edited by TheCountOfNowhere

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"He said the recovery was not a "debt-fuelled, housing bubble-led recovery", as some economists have feared."

If you tell a big enough lie and tell it frequently enough, it will be believed.

Adolf Hitler

Edited by Errol

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Where did he stand on bankers ?

I think it was traditionally a jewish occupation

Blimey.

So i guess he used economic collapse to blame one sector of society as a means to an end.

Thankfully that can never happen now.....

We are living in scary times

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You know what? Some, if not most, of those employees will have taken on debt from Barclays "on favourable terms".

You could almost guarantee it. A chap I know who used to work at RBS was buying Northern Rock shares hand-over-fist right up to the minute they went to 0.00p. Claimed that everybody he knew at the bank was doing likewise. B*****ers!

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