The Spectator

Portrait of the week | 30 June 2012

issue 30 June 2012

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A computer failure left millions of customers of RBS and NatWest without access to their money for days; a man was held in jail over the weekend because his bail payment could not be traced, and other customers feared that their credit ratings would suffer because of missed payments for mortgages and regular direct debits. Alistair Darling, the former Chancellor of the Exchequer, launched the campaign against Scottish independence called Better Together. England was knocked out of Euro 2012 in a penalty shootout with Italy.

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The government introduced, at the instigation of the Liberal Democrats, a bill for a reformed, mostly elected House of Lords. Sir Mervyn King, the Governor of the Bank of England said: ‘I don’t think we are yet halfway through’ the economic crisis. The government cancelled a 3p-a-litre rise in fuel duty due in August, at least until January.

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