Levy Asked for Credit Knowing Refusal Often Offends

Seems to Guido that the wrong questions are being asked, Prescott in all likelihood did not know about the loans to the property developers. Lord Levy on the other hand mixes in the same social circles as Sir David Garrard and Andrew Rosenfeld, the property millionaires behind Minerva.

Sleazy Levy would know that they were risking millions on getting government approval, they would therefore be vulnerable to an approach from the Labour party’s fundraiser – well, if you have a £600 million property development resting on government approval what is a £3 million “loan”? It represents less than 1/2% of the development cost.

Capita with billions in government contracts would also be vulnerable, we all know you “do not to ask for credit because refusal often offends”. What businessman would want to offend their biggest customer, even if as Labour claims it was unlikely to make any real difference, would you as CEO want to risk offending the source of more than half your revenues? Rod Aldridge didn’t approach Labour with an offer to help, they approached him – “The Labour Party came to me last year in need of financial support following the costs incurred at the last general election”, he said.

Businessman are cynical about politicians, most would view such an approach as a shakedown, but what real choice would they have?

Zopa



Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Jeremy Corbyn on Big Ben Bong Ban

“… if we have to miss Big Ben in reality for a while so that work can be done, well, that’s something we have to go through. It’s not a national disaster or catastrophe.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Fears For Chapman Fears For Chapman
Why Transition Must Be Short Why Transition Must Be Short
PICTURES: Seumas’ Temper Tantrum PICTURES: Seumas’ Temper Tantrum
Don’t Believe ‘Victory For Hammond’ Spin Don’t Believe ‘Victory For Hammond’ Spin
Friday Caption Contest: Commando Chappers Edition Friday Caption Contest: Commando Chappers Edition
Angry Adonis Wanted ‘Office for Students’ Job Angry Adonis Wanted ‘Office for Students’ Job
Listen: Rees-Mogg vs Chapman Listen: Rees-Mogg vs Chapman
City Envoy Slams “Bewildering” Brussels City Envoy Slams “Bewildering” Brussels
Labour Pledged to Sell-Off Public Land Labour Pledged to Sell-Off Public Land
Corbyn’s ‘Local GPs’ Visit Staged by Labour Spin Doctor Corbyn’s ‘Local GPs’ Visit Staged by Labour Spin Doctor
Joly-Gone: Maugham Deletes Centre Party Plan Joly-Gone: Maugham Deletes Centre Party Plan
Milne: North Korea ‘Rational’ to Have Nukes Milne: North Korea ‘Rational’ to Have Nukes
LibDem Chief Exec Out LibDem Chief Exec Out
Jones Ditches Momentum For Radio Show Jones Ditches Momentum For Radio Show
Chlorine Chicken? EU Mired in Food Safety Scandals Chlorine Chicken? EU Mired in Food Safety Scandals
Juncker’s Junkets: Commissioners’ €500,000 Expenses Juncker’s Junkets: Commissioners’ €500,000 Expenses
Owen Jones in for Nawaz on LBC Owen Jones in for Nawaz on LBC
Watch: Maduro’s Thugs Executing Opponents Watch: Maduro’s Thugs Executing Opponents
Inside Baroness Scotland’s Home – But No Pictures Allowed Inside Baroness Scotland’s Home – But No Pictures Allowed