Former Tory MP Angela Knight has more bad news for the bankers and their chums this morning:

From: Ben Andersen-Tuffnell
Sent: 02 July 2012
Subject: CANCELLED – BBA Reception on 4 July

Message sent on behalf of Angela Knight, Chief Executive, BBA

Dear Attendee,

We believe that in the current circumstances it would be wrong to proceed with the reception on Wednesday evening. We regret the short notice but our industry needs to think long and hard about its collective behaviour and I am sure you understand this is not the time for such an event to take place.

Regards,

Angela

Angela Knight CBE
Chief Executive

British Bankers’ Association (BBA)
“The voice of banking and financial services”

Pinners Hall
105-108 Old Broad Street
London EC2N 1EX

No Bolly for the big boys then.