Posts Tagged ‘Nationwide’

Banks get £46bn in “too-big-to-fail” subsidy

by Newsdesk.

As the Vickers Commission prepares to launch their final report on Monday 12 September 2011, analysis by nef (the new economics foundation) quantifies the ‘too-big-too-fail’ subsidy for each of Britain’s ‘big five’ banks for the first time, and argues that the Commission’s proposals are too narrow to be effective.

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