Lloyds Banking Group

Why are the Government letting nationalised banks spend taxpayers’ money on lobbying?

January 12, 2012 | Author
Yesterday the Independent reported that RBS and Lloyds are retaining the services of a number of high priced lobbying firms. Given that they are largely owned by the taxpayer, this is our money and spending it on lobbyists is a ridiculous waste. How is it in our interests to fund banks fighting for their political [...] Read the rest of this entry »
Posted in Bailouts, Burning Our Money, City of London, Lloyds Banking Group, Lobbying, RBS, The Independent, transparency | Comments Closed
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