December 7, 2008

Darling backs down from banks

Story link: Darling backs down from banks

So they get to absorb as much public money as possible, rightly so, to try and free up the credit crisis that’s currently going on. On top of that they are gifted with rates that will allow them to hit the masses and re open a finance sector that has recently become dark and gloomy, yet they remain greedy and pass on nothing to loyal consumers?

Go head to head, and do it now!

Darling backs down from banks

Alistair Darling has stepped back from another major showdown with Britain’s banking bosses over their failure to pass on interest rate cuts to borrowers.

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