Thursday, July 5, 2012

Barclays and HCCA

With Barclays Bank in the news about how they had to pay fines over manipulating the Libor rates there is a local connection here. Back in 1990, I suppose when John Major became Prime Minister, Barclays loaned Huntingdon Constituency Conservative association £10,000. This is still registered on the Electoral commission website. A copy here.

I just wonder how many other people will get this good deal from Barclays? £10,000 at 2.5% above base and never have to pay the money back!

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