The Rock in a Hard Place

Despite the promises, it seems unlikely that the Treasury will make its money back from the upcoming sale of Northern Rock after all. Not so long ago even the likes of Osborne were suggesting  that some profit would be made when a suitable buyer was found. The bank has just posted losses of £78.8 million for the first half of this year.

Who would have thought that buying the first British bank to have run on it in 150 years won’t make you any money…


Seen Elsewhere



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Lewis Goodall opines

“Remainer readers may dislike Mr Farage – they may dislike his style, his rhetoric, his approach – but he cannot be faulted for his appreciation of strategy. If his opponents don’t up their game – and fast – he will beat them, just as he did before.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Scruton’s Greatness Scruton’s Greatness