Friday, July 31, 2009

The cost of protecting UK savers

UK savers get £21bn compensation

"The report highlights five banks that were responsible for the majority of payouts: Bradford & Bingley; Landsbanki Islands' UK savings arm Icesave; Heritable Bank; Kaupthing Singer & Freidlander and London Scottish Bank".

Posted by alan @ 09:02 PM (303 views)
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One thought on “The cost of protecting UK savers

  • £21bn? That peanuts compared to the £125bn received by homeowners to prop up the value of their homes under the Bank of England’s ‘Questionable Equity’ scheme.

    Didn’t hear the BBC whinge about that.

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