Summary
THE Bank of England today piles on the agony for ministers as it issues a dire warning about the crippling taxpayer costs of the financial crisis.
Just two days after its governor Mervyn King's lacerating attack on the Treasury, the Bank warns a further, even more radical overhaul of the stricken banking system may be needed.See the full content of this document
Extract
Bank calls for radical overhaul of the City
In its bi-annual Financial Stability Report, the Bank calculates a breathtaking Pounds 1.26trillion of pu...
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