A new briefing from think-tank nef (the new economics foundation), released the day before Barclays announce their full year results.’ Feather-bedding Financial Services’ briefing asks whether banks would be making any profit at all without billions in hidden subsidies from the British taxpayer and bank customers.
The nef briefing, Feather-bedding financial services, ask, in addition to the unprecedented public support for the financial sector over the past three years, how much are the big (...)
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Are British banks getting billions in hidden subsidies?
14 February 2011, by Peter Shield