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…




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Quote of the Day

Andrea Leadsom told BBC Radio 4’s Today

“He’s made his views on Brexit on the record, and the problem with that of course is that the chair’s impartiality is absolutely essential. … He’s made his views known on Brexit… it’s a matter for him but nevertheless it’s a challenge and all colleagues need to form their own view of that.”

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