Industry 'has declined more under Labour than Thatcher'

[Doggy Styles]

The City will save us.

I thought the City was going to be neutered by the EU and Gordon's retributions?

Unless you are talking about Frankfurt.

[Spacecadet]

This would never have happened under the tories.

Indeed!
If the tories were still in powere then there is no way that labour could have fraked everything up

[Mich the Tester]

Indeed!
If the tories were still in powere then there is no way that labour could have fraked everything up

Do I get a special prize for the first valid use of the phrase 'would never have happened under the tories' on CUK?

[AtW]

Read the post carefully. Which American banks did the UK government bail out?

RBS was heavily exposed to US "bank" that it owned - can't mind the name.

One can also argue that moving HMRC accounts from BoE to CityBank played role in making them more stable (they certainly would have obtained credit with such contract).