Wednesday, 25 November 2009


After the Supreme Court overturned previous rulings on unfair bank charges, Royal Bank of Scotland chief executive Stephen Hester, told a Scottish Parliament committee that: "We should understand there is not a free lunch here, that banks have certain costs of doing business and if you don't get paid those costs in one way then you have to find them in another way."

I take it the irony was lost on him.

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