U.K. Banks Getting Billions In Hidden Subsidies

U.K. banks receive additional taxpayer-funded subsidies of at least £32.5 billion a year ($52 billion), according to the New Economics Foundation.

  • 14 Feb 2011
U.K. banks receive additional taxpayer-funded subsidies of at least £32.5 billion a year ($52 billion), according to the New Economics Foundation. The NEF said the subsidies fall into three categories: “too big to fail subsidy,” whereby the government provides a public guarantee against their failing, saving the banks ...

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4 Barclays 4,040 11 6.87
5 Lloyds Bank 3,615 14 6.15

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