The subject of the UK’s banking sector balance sheet came up in a recent thread. I had some estimates and promised to go away and refine them using BofE data. Turns out I don’t have to – someone has done it for me:
slide down towards the end for the consolidated balance sheet, split into GBP and other currencies. Now, I have to say, contributors to PM do produce some really good stuff….BUT…..I’m not a fan of the spin that PM put on things. Unfortunately this article veers in the same direction, with its graphic of the fat-cat banker and the discussion regarding subsidies to banks, but the work done compiling all the data is good and for that I’m grateful.
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