Northern Rock to cost every taxpayer £900
Every taxpayer in Britain has something like £900 of their money at stake in this small mortgage bank following the £24 billion loan (which excludes the less controversial £18 billion in deposit guarantees). When Tony Blair was Prime Minister he was widely and rightly criticised for squandering £800 million on the Millennium Dome. This Prime Minister and this Chancellor have invested the equivalent of 30 Millennium Domes in Northern Rock and we don't even have a few pop concerts to show for it.