Quote:
Originally Posted by UserSince2005
Don’t know her
|
He helped Gordon Brown
Lord Myners was a Good man
[New Labours Brown's Government introduced rescue
packages in 2008 and 2009 to help keep
the banks afloat during the
global financial crisis, and as a result the
United Kingdom's national debt increased
dramatically.
The Government took majority shareholdings
in Northern Rock and Royal Bank of Scotland,
both of which experienced financial difficulties,
and injected large amounts of money
into several other banks,
including Lloyds Banking Group,
which formed through the acquisition
of HBOS by Lloyds TSB in 2009.]