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The government has nationalised Bradford and Bingley’s mortgages, with Spanish giant Santander taking over its savings business. Chancellor Alistair Darling, explaining the move, said he was not prepared to let the lender fold as the Treasury reassured “business as usual” for B&B’s savers and borrowers. “To let Bradford and Bingley go down would have destabilised… Read more »
Labour comes out on top in a poll on taxing and spending, new research shows, as it is estimated the lifetime tax burden placed on UK households has risen to £668,000. A report from the Taxpayers’ Alliance suggests public opinion supports both tax cuts and more green taxes, with floating voters likely to prefer a… Read more »