Labour Owe Downgraded Co-op Millions

Bad news for the Co-op today as Moody’s downgrades their debt rating to junk status. Labour’s bank of choice has been battered by bad debts over recent years, one of their major debtors is – surprise, surprise – none other than the Labour Party themselves. Of the £3,580,000 borrowed in 1999, only £189,000 has been repaid, meaning Labour still owe their troubled lender £3,391,000. Maybe they could pay them back to help them out a bit…

mdi-tag-outline Cash Debt Labour Party
mdi-timer May 10 2013 @ 13:13 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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