Archive for taxpayer

The world’s best tax haven

The world’s best tax haven
Arnon Milchan is taking advantage of Israel’s extraordinary tax breaks.

John Kingman quits UKFI for City riches

John Kingman chief executive of UK Financial Investments UKFI has decided to end his career in public service for a lucrative job in the City.

Alistair Darling and the banks: getting them lending again isn’t so black and white

Small businesses angry about rising costs Philip Aldrick reports

Brussels gives UK five years to fix RBS and Lloyds

Royal Bank of Scotland and Lloyds Banking Group have just five years to wean themselves off state aid or be “wound down” by Brussels.

Hester courts Brussels in bid to avoid fire sale

Stephen Hester the Royal Bank of Scotland chief executive has had an “informal” meeting with European competition officials.

UKFI lines up banks to help in Lloyds and RBS sale

Investment banks are being lined up to help the Government offload its £70bn stake in Britain’s two partnationalised lenders RBS and Lloyds.

Banks paid £11.5m fees by state

Investment banks have raked in £11.5m in fees from the Government as its works to stabilise financial system.

UK Government has lost £10.9bn on stakes in RBS and Lloyds

There will be no quick exit from taxpayer investment in Royal Bank of Scotland and Lloyds UK Financial Investments warned today.

UKFI: no quick exit for £3000 each UK household has in RBS and Lloyds shares

There will be no quick exit from taxpayer investment in Royal Bank of Scotland and Lloyds UK Financial Investments warned today.

UKFI to publish strategy for banks

UK Financial Investments UKFI the body that controls the Government’s banking stakes in Royal Bank of Scotland RBS and Lloyds Banking Group is expected to say that there will be no quick exit for the taxpayer.

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