How much will taxpayers end up paying to bail out banks?

We all know that over the past year the UK’s banks have got themselves into a right financial pickle, and many have had to scale back on their lending operations enormously because they didn’t have the finances to continue as they had been before the global credit crunch swept across the nation. Read more

Government confirms second bailout for banking industry

In a week that saw Royal Bank of Scotland reveal losses of around £28 billion, and saw share prices in banks plunge amidst fears over instability, the Prime Minister has announced the second bailout of the banking industry in the space of just a few months, and once again this will come at the taxpayers’ expense. Read more