Another parasite in the high street?

http://www.guardian.co.uk/politics/2012/sep/24/vince-cable-small-business-bank1

£1bn to establish a British business bank

The existing banking sector has had £ billions of taxpayers money poured into their vaults by government and by the Bank of England's policy of "Quantitative Easing" in order to persuade them to lend to small businesses, "manufacturers, exporters and high-growth companies that power our economy" and "kick start" the economy. They have failed miserably in this objective. This new "Business bank", will essentially be no different from the existing high street parasites, creaming off the government funds and Bank of England cash injections, in order to improve balance sheets, show huge profits and pay obscene dividends to their share holders. Once again, the British people pay for the excesses of the banks and speculators.

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Agenda 2019

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