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16 November 2015

George Osborne’s latest wheeze leaves the taxpayer £125m worse off every year. Here’s why

Far from getting a great deal for taxpayers, the Treasury will be the worse off in the long run, explains Jolyon Maugham.

By Jolyon Maugham

(Photo By Getty)

Here’s what George Osborne tweeted the morning the government sold off Northern Rock’s mortgage portfolio:

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