The Chancellor has announced that the fines levied on banks for
attempting to manipulate the London Interbank Offered Rate benchmark are
to be given to causes and charities supporting the Armed Forces
community. George Osborne said: "Our servicemen and women make huge
sacrifices on behalf of our country and represent the best of British
values. That’s why it is right money received from fines banks are...More information »
Tuesday 26 February 2013
Bank fines given to support the Armed Forces
The Chancellor has announced that the fines levied on banks for
attempting to manipulate the London Interbank Offered Rate benchmark are
to be given to causes and charities supporting the Armed Forces
community. George Osborne said: "Our servicemen and women make huge
sacrifices on behalf of our country and represent the best of British
values. That’s why it is right money received from fines banks are...More information »
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