Summary
LIKE guilty schoolboys, Britain's leading bankers paraded into the Chancellor's office yesterday to be chastised for starving the country of credit.
Having drunk deeply from the taxpayer's cup, lending giants are now accused of sitting idly by as the economy spirals into deeper crisis.See the full content of this document
Extract
Chastened Bankers Are Called to Account [Edition 2]
Profit margins have risen 450pc on some fixed-rate mortgages, while many businesses are paying at least 6 percentage points more than the 0.5pc base rate, bankers were told in a Treasury presentati...
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