Thursday, 14 August 2014

WWI 100th Anniversary: UK Taxpayers Still Paying £2bn War Loans to Secret Bankers - Yahoo News UK

WWI 100th Anniversary: UK Taxpayers Still Paying £2bn War Loans to Secret Bankers - Yahoo News UK: "It's a century since the outbreak of the First World War but British taxpayers are still paying for their country's part in it – and a handful of banks is cashing in on hundreds of millions of pounds. Every year £136m is shelled out in coupon payments to holders of the government debt – War Loans – used to fund the role of troops from the British Empire in WWI. And the owners of 99% of the £1.94bn (€2.4bn, $3.26bn) WWI debt still around are a secret group of  financial institutions."

'via Blog this'

No comments:

Post a Comment