15 Feb 2011

Banks get £130bn subsidy per year

The Coalition government are making some the harshest spending cuts in history. They are wrongly telling us that this is “unavoidable”. According to Positive Money we could make one simple spending cut that could make all others unnecessary: we can cut the benefits to bankers. Just to give an idea of the scale of subsidy the banks are receiving up to £130 billion of taxpayer support every year! Watch this movie and visit the One Good Cut website here: www.onegoodcut.org/

See my last blog on bankers here.

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