Summary
LAST autumn, our financial system suffered its worst crash since the 1930s, taking an economy already in recession and making the situation even worse.
Ten months on, the banking system remains broken, held together by billions of pounds worth of taxpayer loans and government guarantees.See the full content of this document
Extract
Reform Must Be Widespread
Just this week, two state owned banks - Northern Rock and Lloyds Banking Group - reported further losses of Pounds ...
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