Tag Archive: Mansion House speech
Northern Rock to be auctioned off
In last night’s Mansion House speech, Chancellor of the Exchequer, George Osborne, confirmed that Northern Rock is to be put up for auction. Addressing bankers and merchants of the City of London, the Chancellor said that the bank’s “chaotic” collapse … Read more
FSA to be broken up
The Financial Services Authority (FSA) is to pay the price of its failings over Northern Rock and the credit crisis by being broken up. Addressing bankers at a Mansion House speech last night, Chancellor of the Exchequer George Osborne confirmed … Read more