Sorry, bit behind on the news, but it appears a member of Labour's front bench has

[Pokster]

Sorry mate .. not very good at sums and all that.

Who did bail out the banks?

Labour (quite correctly) rescued Lloyds and RBS... and would likely have had to rescue Barclay's if it hadn't done some dodgy deals

[Herbert Augustus Chapman]

Labour (quite correctly) rescued Lloyds and RBS... and would likely have had to rescue Barclay's if it hadn't done some dodgy deals

Thank you kind Sir. It wasn't the Bank of England then.

No wonder my party subs had to go up

[Pokster]

Thank you kind Sir. It wasn't the Bank of England then.

No wonder my party subs had to go up

The BOE were instructed to bail them out... IF they hadn't what happened would have seemed like a tea party compared to what would have happened.... just need to get our money back on RBS, might do it someeime during my kids lifetime

[Herbert Augustus Chapman]

The BOE were instructed to bail them out

So all of this stuff about the BOE being independent is scurrilous fallacy - for shame!

http://edu.bankofengland.co.uk/knowl...he-government/

[Pokster]

So all of this stuff about the BOE being independent is scurrilous fallacy - for shame!

http://edu.bankofengland.co.uk/knowl...he-government/

The first line where they say they are owned by the Govt gives it away somewhat