Labour Owe Troubled Co-Operative Bank £3,391,000

The Co-Op bank’s £1.5 billion black hole will see 50 branches closed after the ‘ethical’ bank went cap in hand to hedge funds rescuers.

In 1999 the Labour Party borrowed £3,580,000 from the bank and only £189,000 has been repaid.

Miliband and Balls owe the troubled lenders £3,391,000. How many jobs could they save if they paid it back?




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