The banks have paid back the cash – so why is the government still imposing austerity?

The Government has recovered all but five per cent, £58 billion, of the £1.2 trillion bailout provided to the banks during the credit crunch and recession, but it is continuing to impose crippling austerity regardless. George Osborne introduced austerity policies during the Conservative’s first term in charge in response to the trillions of pounds paid … Continue reading The banks have paid back the cash – so why is the government still imposing austerity?