How the fines imposed on fiddling bankers are coming back to help West Cornwall

Posted By on 7th December 2017

7th December 2017 By Peter Tremayne A £300,000 charity grant, which stems from the way banks fiddled interest rates for more than 20 years, has been awarded to the Porthkerris…

To view the rest of this article, please subscribe to Cornwall Reports

This article has 2 comments

  1. It is bizarre that such token amounts is seen as significant .The vast amount taken out of the economy by the banks through the misuse of ‘quantitive easing , and redirected to assets for the wealthy …including properties in Cornwall makes this just a sop. I look forward to greater efforts by our MP to get back more of the money systematically stolen from the taxpayers by the use of tax avoidancenand dodgy financial dealing.

  2. It would be nice if some of it went for environmental and social enterprises. The can’t see this is a great benefit to the wider community.

Comments are closed.