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> "Once the opportunity cost and risks are factored in, the schemes have represented a transfer from taxpayers to the financial sector." Why not also factor in
by krona 10y ago
> "Once the opportunity cost and risks are factored in, the schemes have represented a transfer from taxpayers to the financial sector."
Why not also factor in lloyds dividend which resumed in 2015 and makes the UK government £200m a year?
- throwaway049 10y agoThat is a quote from the National Audit Office website, which says it is based on Treasury data to the end of the 15-16 financial year.
- smcl 10y agoThat's a substantial sum, but to put it in perspective remember that the bailouts themselves cost many many billions