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The Chancellor isn't going to let Lloyds out of the Government Asset Protection Scheme (GAPS) without extracting a price. The Treasury saved Lloyds earlier this year by promising to provide it with the protection of GAPS - which was a statement...
08/10/2009 | 600 Hits | Read more...

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The chancellor and the prime minister are certainly not lowering the temperature of their attack on banks' bonuses. Which, I suppose, is significant - even if there's nothing new of substance that they've announced in the past 24 hours or are...
28/09/2009 | 141 Hits | Read more...