Privatisation

Jim Pickard

We have done more coverage of Clegg’s proposed bank shares giveaway to 46m members of the public in tonight’s FT. The City is quite cautious about whether the whole idea is practical.

But there could be a fees bonanza if it goes ahead, with administration costs estimated at about £200m, according to some experts. Read more

There’s been some chatter in the City about David Cameron’s trip to the Gulf being part of a cunning plan to sell the taxpayer’s bank stakes. Read more