Most councils that invested in the failed Icelandic bank Landsbanki have recouped the majority of the money they are due after selling their claims, the Local Government Association has said.
A lack of useable public information on how Whitehall performs means that assessing its overall effectiveness is an impossible task for any ‘armchair auditor’
The government now owns billions of pounds worth of banks in the UK, which it will have to restore to the private sector at some point. But when, how and what should the taxpayer get back? PF...
UK Financial Investments is meant to be looking after the taxpayers’ massive stake in the country’s failed banks. But concerns are mounting about the Treasury agency’s ‘hands off’ approach. Paul...
The credit crunch scored a first this week, the nationalisation of a bank. But behind the scenes it is also having a serious impact on public sector pension schemes and proposed PFI projects. Paul...
