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Category Archives: Corporate losses

Largest corporate loss in UK history – Wow, what does that look like?

This morning the Royal Bank of Scotland (RBS), which was bailed out by the taxpayer last year, announced a loss for 2008 of £24.1 billion. Even as I write this the Chairman of RBS is on the phone to the editor of Guinness World Records to claim their rightful place.   It seems that over the past year we have … Continue reading

Posted by Nigel Tree | Leave a comment