Quote:
Originally Posted by Chrysalis
It may happen but its not democratic and its wrong.
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Why isn't it democratic?
By that definition we either need a referendum on everything or for it to be in the manifesto to be considered democratic.
---------- Post added at 17:14 ---------- Previous post was at 17:10 ----------
Quote:
Originally Posted by Ignitionnet
Why isn't it democratic?
By that definition we either need a referendum on everything or for it to be in the manifesto to be considered democratic.
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Quote:
Originally Posted by TheDaddy
Hmm I thought I did...
we estimate the value of this subsidy to UK banks to be around £30bn a year.
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This would be the theoretical value of the banks being guaranteed by the UK government and therefore having access to cheaper
wholesale funds.
Not exactly the same thing as HSBC being loaned money by the BoE at subsidised rates, so where are HSBC's subsidised loans?