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Autumn Statement 2015: Treasury documents reveal new details about planned RBS, Lloyds, Northern Rock sales

City Am by Lauren Fedor 25 November 2015 2:38pm More RBS share sales are planned (Source: Getty) Chancellor George Osborne may not have mentioned returning British banks to private ownership in his statement to parliament this afternoon, but buried in the Treasury’s official Spending…

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Coming soon: HBOS the sequel?

The Sunday Times  Aimee Donnellan Published: 22 November 2015 Light-touch regulation let the lender run amok. Will George Osborne’s sops to the City spell the start of a new era of lax controls? Former HBOS chief executives James Crosby, left,…

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Welcome to Austeria – a nation robbing its poor to pay for the next big crash

The Guardian Aditya Chakrabortty Monday 23 November 2015 20.38 GMT ‘This makes perfect political sense for Osborne: it’s the elderly and the wealthy who turn out to vote, after all.’ Illustration: Matt Kenyon A familiar dance begins on Wednesday, as soon as George…

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fraud and dishonesty “at the highest level of RBS”

Scottish Legal News LIBOR, Property Alliance Group PLC v RBS, RBS November 17, 2015 The latest on swap litigation: fraud and dishonesty “at the highest level of RBS” In a major development in swaps litigation, an explosive judgement issued on Friday 13th November…

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RBS Falsification In The High Court

Neutral Citation Number: [2015] EWHC 3272 (Ch)     Case No: HC 2013 000459 IN THE HIGH COURT OF JUSTICE CHANCERY DIVISION     Royal Courts of Justice, Rolls Building Fetter Lane, London, EC4A 1NL     13/11/2015 B e…

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Bad bankers are like shoplifters, says George Osborne

The Telegraph By Peter Spence & Tim Wallace It’s wrong that people who steal from shops are jailed, but bad bankers are not held to account Chancellor George Osborne (L), and Mark Carney at the Bank’s Open Forum Bankers who…

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Bank of England’s Carney: Markets ‘tainted’ by misconduct

BBC News 11 November 2015 Image copyright Reuters Image caption Mario Draghi, George Osborne and Mark Carney are attending a public forum on financial markets Bank of England governor Mark Carney says public faith in financial markets has been shaken…

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Emerging markets turmoil causes ‘deeply concerning’ trade slowdown

The Times Edward Curwen Last updated at 3:34PM, November 9 2015 OECD forecasts show worldwide trade growth down to 2 per cent from 3.4 per cent last year Getty Images The global economy faces a “deeply concerning” slowdown in international…

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“Cronies and cheating the taxpayer”: MP targets RBS bank tax avoiders in share sell off

Common Space Michael Gray 6th November 2015 1:09 pm Call to halt bank sale in favour of reform rejected by UK Government UK MINISTERS decided to “wash their hands” of a tax evasion scandal in a subsidiary of the government-owned Royal…

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MPs demand SFO inquiry into Lloyds Bank

BBC News 26 October 2015 Last updated at 13:16 GMT   A group of MPs has demanded that the Serious Fraud Office (SFO) investigate Lloyds Bank and West of England-based property consultants, Alder King. The MPs want the SFO to look…

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