8 years ago
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George Osborne’s austerity choked off the recovery: Brexit is his legacy
The former chancellor’s reputation lies in tatters after six years of punishing the poor and rewarding the rich prompted the referendum revolt. By Aditya Chakrabortty.
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https://www.theguardian.com
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George Osborne intervened in America’s HSBC money laundering probe
George Osborne intervened to talk down the punishment handed to HSBC by US authorities after the bank breached sanctions and money laundering rules, according to a new US congressional report. By Marion Dakers. -
Osborne Exempts “Politically Exposed Persons” from Money Laundering Checks
George Osborne this afternoon accepted an amendment to the Financial Services Bill which will see some Politically Exposed Persons and their families exempted from these anti-money laundering rules. Ministers will now “exclude… specified categories of persons” from... (April 19, 2016)
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Brexit may well not turn out to be a bad legacy.
Only time will tell.