Monday 20 April 2009

Taxpayer to pick up £60bn bank bail-out bill as Darling admits it will take a decade to balance the books

Daily Mail
"Alistair Darling is set to admit the taxpayer will not recover the full cost of the banking bail-out and that it will take almost 10 years to get the public finances back into shape, it emerged today.The Chancellor, in Wednesday's critical Budget statement, will concede the Government will not claw back all the money it pumped into the financial sector, which could spiral as high as £60billion."

No comments: