Bank to Rights ; Treasury Showdown

Daily MirrorJuly 28, 2009

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Summary


BANK bosses were threatened with fines and the break-up of their operations at a showdown with Alistair Darling yesterday.

The Chancellor summoned them to the Treasury for a carpeting over their failure to lend to people and businesses at reasonable interest rates.

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Extract


Bank to Rights ; Treasury Showdown

Mr Darling accused them of ripping off Britain by increasing the cost of loans when the Ba...

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