More than £66 billion of taxpayers' cash invested in RBS and Lloyds may never be recovered, a spending watchdog warned today.
The public accounts committee criticised the the Treasury for making a series of mistakes in its handling of Northern Rock, saying that officials were slow to react to the banking crisis because they lacked correct skills and understanding.
Margaret Hodge, chair of the committee, said the sale of the bank was handled well but still led to a loss for taxpayers of nearly half a billion pounds.
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Every train run by the UK’s busiest franchise, Govia Thameslink Railway was rescheduled from Sunday.
Hours after the former actress had exchanged vows with Prince Harry, the royal site had been updated to reflect its newest member.
A total of 71 people died after the blaze swept through the west London building last summer.