Saturday 29 June 2013

Another reason not to trust Labour near money

It’s common knowledge that Gordon Broon got LloydsTSB to swallow the poison pill of HBoS as a favour to Labour’s electoral prospects in Scotland. Result: Lloyds went bust and had to be bailed out by the taxpayer. Now, we have the unpleasant spectacle of Balls, Brown’s hod-carrier, glorying in his part in helping the Co-op Bank, which bankrolls Balls and 31 other Labour MPs, to swallow the poison pill of the Britannia building society. A deed which is resulting in the downright theft of one-third of Co-op bond-holders’ cash.

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