RE: Windfall taxes26 Jun 2023 15:33
Dt
''the tax payer had to bail them out''
I don't recall the likes of Northern rock being bailed out.
As for Lloyds, after the Labour government not wanting to bail out HBOS got Lloyds to take it on instead, subsequently leading to the taxpayer lending money to Lloyds on which they made a profit. That was the route chosen as opposed to the route chosen by Barclays, getting investment from elsewhere.