Wednesday, August 05, 2009

Feel free to copy, there is no copyright on an Anoneumouse montage. (click on image to enlarge)

£4 Billion Loss

Lloyds TSB who acquired HBOS at the height of the financial storm last October, has today announced a £4 Billion loss in six months.

The newly created Lloyds Banking Group, which is 43 per cent owned by the taxpayer, reported more than a five-fold rise in bad debts to £13.4 billion.

Just remember, it was the Prime Minister who played the key role in brokering the Lloyds HBOS merger.


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