Lack of 'too big to fail' plan could cost taxpayers billions, warns IMF

British banks deemed “too big to fail” are enjoying implicit government subsidies of up to $110bn (£66bn) that could expose taxpayers to bail-outs costing hundreds of billions of pounds, the IMF has warned.

Read more: The Telegraph

British banks deemed by the Government to be “too big to fail” are enjoying implicit subsidies of up to £66bn, the fund claims

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Euroland | EP2014 | transcontinental | transeuropean

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