Whoops. We meant to say: Dividends Will Be Paid!
A follow up to our previous post, the Government has moved to ’clarify’ it’s position after yesterday’s fallout over the bail-out. Whereas on Monday, the Treasury announced Dividends would not be paid out to shareholders until Government funds were re-paid…. This is now no longer the case:
UK Government To Clarify Bank Dividend Plan-BBC Peston - CNN [...]
British Bank Bail Out at Tax Payers Expense?!
Unless you spent your weekend under a rock, you would have heard about our Government’s rescue plan to our banks.
As I sat down this afternoon to disect the issue, I first read through my bookmarks and came across this little doozy from the Money Hospital. They do a great job of breaking down the plan and [...]