> Britain has given a back-door bailout worth around £10 billion to the Republic of Ireland in an arrangement that was never explicitly approved by Parliament,

> Britain has given a back-door bailout worth around £10 billion to the Republic of Ireland in an arrangement that was never explicitly approved by Parliament, it can be revealed. How alarming! Aaand in the very next sentence: > The money has been pumped into Ulster Bank, a subsidiary of the state-owned Royal Bank of Scotland which was rescued by a public cash injection of £45 billion five years ago. Somehow your glorious Times seems to have confused the Republic of Ireland with RBS's subsidiary Ulster Bank. An analogy should not be necessary. The difference between a country and a subsidiary of one our own country's banks should be quite obvious to you.