Day: 17 December 2010

Banks Still Frail

December 17, 2010 By Malcolm Blair-Robinson

The report from the Bank of England underlines just what a mess our banks are in, although it tries to sound cautious and optimistic. Not only are these banks under capitalised for what they do, they owe half a  £trillion which has to be refinanced over the next two years. Furthermore the report reminds us […]