More than 20 years after Barlow Clowes went bust, taxpayers appear to have been repaid the £153m which was distributed as ex-gratia compensation to more than 14,000 investors.
No, not that bit, this bit:
But taxpayers should not break out the champagne just yet. According to the Office for National Statistics, £1 in 1988 had the same purchasing power as £2.11 today. So, in real terms, less than half the cost of Barlow Clowes’ compensation bill has been recovered.
A newspaper distinguishing between nominal and real sums.