Campaigners have reacted angrily after a court case which saw the Treasury accused of breaking its own rules on the spending of public money when buying the Royal Bank of Scotland (RBS) was thrown out of court. The case, which sought a judicial review over claims that investing in RBS broke government promises to combat climate and human rights abuses, was halted after a judge ruled that the Treasury acted within the law to protect the interests of its shareholders. Campaigners have said they will appeal the decision.
See http://www.journal-online.co.uk/article/5956-landmark-case-against-treasury-chucked-out. Further coverage at http://www.environmental-finance.com/onlinews/2210ukt.html and http://www.journalonline.co.uk/News/1007154.aspx.