Another fuck up in the banking industry but the difference is that the state own 80% of this bank after bailing it out a few years ago.

Instead of looking at the scandelous practices of our once respected institurions –were they ever? – I’m sure that the Govt will put a spin on it stating that this is what happens with state owned institutions – unprofitable and loss making (are these the same thing.)

Or is it a coincidence that a ‘Royal’ bank has made a massive loss a year after a ‘Royal’ wedding and increase in ‘Royal’ expenditure. Hmmmmmmmmmmmm it makes you think…