We are already potentially devastated by interest payments and now they want us to borrow more for new projects.
We need to curb the civil service and create real jobs in the economy not just borrow more because when we start having to pay higher interest rates the problems will really begin.
05 Feb 2013 | 11:26
You forget to mention GE Capital, they have a sizeable UK book, have continued to originate new mortgage lending throughout the cycle and are part of the huge US industrial giant General Electric.
They are not failing either commercially or from a customer perspective. The team at GE over in Watford do not get enough credit for what they do.
06 Feb 2013 | 09:08
OK, so what’s the mathematics of this fine and what’s the financial significance for the individuals concerned?
I assume the UK taxpayer picks up the tab and pays it to the FSA, so in effect there is a debit on one Treasury department and a credit on the other department!
What we really want to know is who gets sacked and banned from working in the industry for life because a “little man/woman” would be out of the industry before his/her feet could touch the ground!
06 Feb 2013 | 14:37
If RBoS ‘attested’ to the FSA that their systems were sufficiently robust, which job centre is the ‘attester’ reporting to.
If any other intermediary ‘attested’ against the facts, they would be disbarred, fined personally and placed in the stocks. Are the scales of justice another victim to the system under which we currently labour?
06 Feb 2013 | 16:45
Why would a bank that will cease to exist shortly offer such a low rate?
07 Feb 2013 | 21:18
Thank you for your comments this week.