A former executive at a leading anti-payday loan campaign group has made a surprising career move…by taking a high profile PR job at Wonga. In a startling display of gamekeeper turning poacher, Delroy Corinaldi, who was director of external affairs at StepChange until last year, has joined Wonga as head of public affairs. StepChange, previously […]

Today, Boris Johnson, leapt to the defense of the bankers at the annual conference of the business lobbying organisation, CBI. Along with the rest of the political elite, Boris cropped up at the conference to do a bit of subtle soft-soaping. But in what can only be described as an obvious attempt to cosy up to […]

The Conservative Party hasn’t been left wanting for people going off message recently, and with elections looming tomorrow it’s unlikely CCHQ will thank one of their Essex MPs heaping praise on the richest in society as maligned martyrs to the national interest. Brooks Newmark, a former whip and Treasury minister, told business news site London Loves […]

A banker singled out by David Cameron for praise in his party conference speech has claimed that criticism of bankers is comparable to child abuse. made the bizarre and shocking comparison between the treatment of bankers after the financial crash, and abuse of a child or pet. Alastair Lukies told LondonLovesBusiness.com: “…It’s like having a pet or […]

Confirming that “several” UK banks were involved in fixing the LIBOR inter-bank lending rate on Channel 4 News earlier, Bank of England governor Mervyn King was at his emollient best when asked about his role in the sacking of Barclays’ Bob Diamond. Apparently, his board-level intervention — insisting that sacking chairman Marcus Agius wasn’t enough […]

In the wake of a US Senate report into the activities of HSBC, the waters have been rising around Trade Minister — and former HSBC chief executive — Lord Green. The sub-committee found that the bank had provided drug cartels with a money laundering conduit. Questions are now being asked about how much Stephen Green […]

A handful of executives at Barclays bank have given over $125,000 to the election campaign of Mitt Romney, filings with US regulators reveal. As banking scandals build on both sides of the Atlantic, other bank executives, including some at RBS, have also been filling Republican coffers. Figures at a subsidiary of RBS — which is […]