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I must get some cash out from one of our socialist banks
November 3, 2009 11:10 am 17 Comments
As Lord Myners admits that 70 per cent of all share dealing is undertaken by computer systems that allow a trader to hold a share for a nanosecond before selling, Jon Snow asks: is it a good thing to have achieved the socialist ideal of a nationalised RBS bank?
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One year on, but what's changed?
September 21, 2009 6:02 pm No Comments
So it’s been reported that a bank WE own is being investigated by Her Majesty’s Revenue and Customs for allegations of involvement in tax avoidance. This is probably the issue I have blogged about more than any other since Snowblog dawned – tax havens and tax avoidance, and the Channel Islands have never been far [...]
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Congratulations! You and I own another bank
February 19, 2009 12:01 pm 8 Comments
Yes, it’s official, we are in charge of Lloyds Banking Group, aka Lloyds TSB HBOS. In fact we didn’t know it. But we’ve had it since 13 October last year. According to a release that lands on our desks this morning, the Office of National Statistics has deemed that both RBS (which we already knew [...]

