A blog about politics, education, Ireland, culture and travel. I am Conor Ryan, Dublin-born former adviser to Tony Blair and David Blunkett on education. Views expressed on this blog are written in a personal capacity.
Tuesday, 30 September 2008
An Irish example to follow?
Ireland's finance minister Brian Lenihan has guaranteed all savings and bonds in six major Irish banks - including their UK branches - for the next two years. His actions followed a disastrous day on the Dublin stock exchange yesterday. Robert Peston points out that this now puts British banks at a significant competitive disadvantage. Shouldn't Alastair Darling and the Bank of England follow suit with British banks?
Posted by Conor Ryan at 13:28:00
Labels: banks, credit crunch, Ireland
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