European legislation undoes RBS and Lloyds merger
Posted by michael on November 3, 2009
It was public knowledge on the day that the banks were merged that this would not be accepted by European legislation!
Yet the government persisted with this move, even though they knew that they would have to spend more or our money undoing the merger.
This is not joined up government and will cost us, the taxpayers, billions more in the form of debt to be repaid over the years!
Another incompetent decision by this government?
