(Rearrange as appropriate.)
Lord Mandelson has decided that banks' behaviour in the wake of the credit collapse merits legislative micro-management.
Elsewhere in today's news, Gordon Brown 'refuses to deny rumours' that he the Chancellor will cut VAT in tomorrow's pre-budget report, as part of a rescue package for the economy. With his usual flair for indirection, he's gone for a European Union tax rather than any of the ones he has introduced over the last decade. Well - I suppose it makes a change from picking on the Icelanders.
Posted by racingsnake
@ 09:00 PM GMT+00:00
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