Sunday 15 February 2009

A former HBOS executive says he has documents that prove the Prime Minister must take responsibility for the mess in the markets

Independent
"Paul Moore, the former head of risk at HBOS, told the IoS that he has more than 30 potentially incendiary documents which he will send to MPs on the Treasury Select Committee. He says they disprove Mr Brown's claim about the reasons for HBOS's catastrophic losses – now estimated to be nearly £11bn – and show that it was the reckless lending culture, easy credit and failed regulation of the Brown years that led directly to the implosion of British banks."
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ComRes poll for The Independent on Sunday shows Labour has slumped seven points to 25 per cent and is now just three points ahead of the Liberal Democrats on 22. The Tories are now 16 points ahead of Labour, on 41 per cent.

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