- The big bank break up and the 4th anniversary of the Northern Rock collapse.
- It's also the Trumpo Blogs 4th Birthday, no coincidence-born out of despair.
- Mon 12th Sep 2011
- Up to one in six European banks fail financial health check.
- It's a scary story, but what does it mean? surely not another run on a few banks?
- Tue 28th Jun 2011
- Welcome back moneybrain.com
- The trumpo team are pleased to welcome back an old friend.
- Mon 13th Jun 2011
High court rejects BCA's challenge
Tue 12 Jun 2007 12pm
The high court has rejected a legal challenge against the government's plans to construct 17 new casinos around the UK.The British Casino Association (BCA) claimed that proposals to create a supercasino in Manchester as well as 16 smaller casinos nationwide would 'unfairly condemn existing casinos to second class status'.
However, the BCA's claims that its member associations would lose £120 million in profits every year were brushed off by Mr Justice Langstaff, ruling over the case.
Speaking on BBC Two's Working Lunch, the chair of the British Casino Association has said that the judgement should force the government to debate the issue in the House of Commons.
"What we have realised from the judgement is that the consultation has proved to be a sham," Lady Penny Cobham said.
"We hope that now, given that 85 of the 138 casinos will be in areas where the proposed new casinos will be, that the government will actually allow some parliamentary scrutiny of the order which gives the entitlements for the existing industry.
"[We hope they] will reconsider themselves this completely unlevelled playing field," Lady Cobham concluded.
