Cathy Humphreys

Greed, Horsemeat, Charity Money and Youth Unemployment

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Sinopsis

BRITAIN’S biggest banks face compensation claims worth billions amid accusations of mis-selling "absurdly complex products" to small businesses. More than 90 per cent of the complex interest rate hedging products could have been mis-sold, the Financial Services Authority (FSA) revealed. I'm sure everybody completely understands these details. Lenders have already set aside more than £700million to compensate potential claims but many experts warn the final cost could exceed £10BILLION. However, the bankers will still be getting their bonuses. BRITISH burgers could have been contaminated with horse meat for more than a year. Is anyone really that surprised. Could can mean anything. The Food Standards Agency’s boss said that “filler” from Poland containing beef and horse meat could have been used by the Irish processor at the centre of the scandal for at least 12 months. Appearing before a committee of MPs, FSA chief executive Catherine Brown said: “This filler had been used for a year. “When the Polish ge