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

IDS responds to Juncker’s pints analogy earlier:

“Mr Juncker knows a little bit more about the bar than perhaps many of us do.”

Sponsors

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.
Davis: Brake Leaked His Own Letter Davis: Brake Leaked His Own Letter
Brake Misleads Bercow About Guido Story Brake Misleads Bercow About Guido Story
Labour Charge Electric Campaign Vehicle in Parliament Labour Charge Electric Campaign Vehicle in Parliament
Mr Rayner’s Alternative to Badger Cull Mr Rayner’s Alternative to Badger Cull
Sir Cover-Up, Sir Craig and the Curious Case of His Memoirs Sir Cover-Up, Sir Craig and the Curious Case of His Memoirs
Alun Cairns’ Tippy-Toes Pose Alun Cairns’ Tippy-Toes Pose
Pidcock Publicly Owned Pidcock Publicly Owned
Young Labour: Leave NATO, Abolish the City and Reject Two-State Solution Young Labour: Leave NATO, Abolish the City and Reject Two-State Solution
Salmond and Tasmina’s Boozy City Break Salmond and Tasmina’s Boozy City Break
Sunday Show Highlights Sunday Show Highlights
Tory MP’s Two Nicknames for Hammond Tory MP’s Two Nicknames for Hammond
Sadiq: “I’m an Uber Man” Sadiq: “I’m an Uber Man”
Tom Brake’s Epic Legatum Whinge Tom Brake’s Epic Legatum Whinge
Juncker: Thanks For Saving Us in The War, Now You Must Pay Juncker: Thanks For Saving Us in The War, Now You Must Pay
Tom Brake’s Epic Legatum Whinge Backfires Tom Brake’s Epic Legatum Whinge Backfires
Starmer Admits Public Clueless as to Labour’s Brexit Policy Starmer Admits Public Clueless as to Labour’s Brexit Policy
Melania Sports Sam Cam’s Cefinn Melania Sports Sam Cam’s Cefinn
Mounting Buzzfeed Losses as Staff Salaries Average £60,000 Mounting Buzzfeed Losses as Staff Salaries Average £60,000
Vince Welcomes LibDems’ Harvey Weinstein Back Into Fold Vince Welcomes LibDems’ Harvey Weinstein Back Into Fold
74% Say No Deal Better Than A Bad Deal 74% Say No Deal Better Than A Bad Deal