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Mr McLernon, on behalf of WA Glendinning, has recently begun lobbying efforts by writing to every MLC to make his case, highlighting the extraordinary nature and attain of the Invoice, the potential damage it may trigger to the rule of legislation in this State, the impact it might have on the perceived sovereign risk involved in monetary dealings with the State". |
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The banks nonetheless have more than £12bn of unused provisions to cover future fines and compensation claims, the Bank of England stated. |
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