Financial crisis costs UK taxpayer £21 billion

Well, this settles an earlier dispute with an anonymous commentator who thought the UK taxpayer might come out ahead on this financial crisis...

From the BBC....

The cost of protecting UK savers during the credit crisis has been revealed by the body set up to compensate victims of banking collapses. In its latest annual report, the Financial Services Compensation Scheme said it paid out £21bn in the six months after the onset of the crisis. That compares with just £1bn in the seven years before the crisis.