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The Banks are lending again!

Posted on February 20, 2009January 20, 2025 by admin

Er, no, not to you…..don’t be daft!

The Times on-line is reporting that RBS, which is 68 per cent owned by taxpayers after a £20 billion government bailout, is offering its staff loans against the bonuses that they are owed but which have been deferred until 2010 under a deal with the Government.

Remember how you cheered when you heard that Gordon Brown was going to stop tax payers money being used for cash bonuses?

Indeed it is not; it is being used for loans, just like Gordie wanted……..to bank staff who should have got a cash bonus…..

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