Treasury reports reveal how local authorities lost hundreds of millions – if not billions –as a consequence of the LIBOR rate rigging scandal.
British councils face 34% cuts to vital services that can be attributed to reductions in government funding. Austerity cuts are interlinked to Britain’s support for the banker’s through the bailout. Additionally,[...]
Posts Tagged ‘libor’
On the first anniversary of the Occupy London Stock Exchange camp just by St Paul’s Cathedral, Occupy London is pleased to announce the publication of ‘The Little Book of Ideas’, which aims to demystify the financial world and provide possible solutions. The free pocket sized book – written by the Economics Working Group of Occupy[...]Read more →