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Has any person or organisation lost money from a UK bank failure?
Comments
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You have to remember than the gov bailed out Northern Rock, RBS, HBOS
https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package
They would have gone bust if not for that. So you have to ask the question, would it ever be allowed to happen?0 -
That question was answered on the first page, i.e. yes, small institutions (mostly credit unions) have gone bust since then, without government intervention....Theleak250 said:You have to remember than the gov bailed out Northern Rock, RBS, HBOS
https://en.wikipedia.org/wiki/2008_United_Kingdom_bank_rescue_package
They would have gone bust if not for that. So you have to ask the question, would it ever be allowed to happen?1
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