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High street banks set to write off further £32bn

By Gerry Davies  || August 2, 2009 at 08:36 GMT
|| 2 comments || Add comment

UK high street banks are this week forecast to write off £32bln as the recession bites.

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2 Responses to “High street banks set to write off further £32bn”

  1. Scott on August 2nd, 2009 08:50 GMT

    Which banks???

  2. Michael Greenberg on August 2nd, 2009 10:48 GMT

    “…..helped by complex accounting rules …”

    Right. Very complex. Like it’s not a loss unless you say it’s a loss.



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