Boris: The bankers’ best friend

Boris Johnson held more meetings with bankers and the financial services industry than with government ministers, the Met police, his electors or the press since coming to power.

Boris Johnson, forever defending the indefensible over bankers’ obscene bonuses, has held more meetings with bankers and the financial services industry than with government ministers, the Met police, his electors or the press since coming to power, new figures out today reveal.


Between May 2008 and January this year, the Mayor held 70 meetings with bankers and financial services types, 60 with ministers, 43 with the Met, and only 13 public meetings with Londoners and five press conferences.

Labour candidate for Mayor Ken Livingstone said of the latest stats:

“These latest figures show that bankers, not the majority of Londoners, are the Mayor’s priority and that is reflected in his political choices, calling for lower taxes for the richest whilst putting up fares and cutting police services for the majority.”

While in an article in this week’s Tribune magazine, he says:

“The Tories deserve to be behind in the polls – even before the full scale of what they are planning has come on track. I have never known party lie so brazenly during a campaign. Cameron’s big idea is a Robin Hood in reverse.

“The majority is being forced to pay through fees, fares, VAT, cuts and reduced living standards, pay and conditions for an economic situation they did not create, while the bankers sit pretty.

“The Tories’ representative in London, Boris Johnson, was correctly described by the Liberal Democrat peer Lord Oakeshott as ‘rattling the begging bowl on behalf of the starving rich’.”

Oakeshott was last week forced out from his role as Lib Dem Treasury spokesman for standing up to the government over bonuses; as shadow chancellor Ed Balls said:

“It is symbolic of the shambolic and panicked way that the chancellor has gone about agreeing this weak and toothless deal with the banks that the Liberal Democrat Treasury spokesman in the House of Lords has been sacked…

“It is a sad commentary on this Tory-led government that Lord Oakeshott has been forced to pay the price for daring to tell the truth.”

Also last week, it was revealed that more than half of Tory funds come from the City – double the proportion of when Boris’s chum David Cameron came to power. No wonder the Tory leader said:

“The City is in my blood.”

28 Responses to “Boris: The bankers’ best friend”

  1. Simon Treanor

    RT @fletchersimon: The graph says it all >> RT @leftfootfwd: Boris: The bankers' best friend: http://bit.ly/emAjNS reports @ShamikDas

  2. Trakgalvis

    RT @leftfootfwd: Boris: The bankers' best friend: http://bit.ly/emAjNS reports @ShamikDas

  3. Diane Hain

    RT @fletchersimon: The graph says it all >> RT @leftfootfwd: Boris: The bankers' best friend: http://bit.ly/emAjNS reports @ShamikDas

  4. L DTUC

    RT @leftfootfwd: Boris: The bankers' best friend: http://bit.ly/emAjNS reports @ShamikDas

  5. Dave Citizen

    It’s ironic that Boris is still applying the classic Tory economic logic of meeting rich bankers needs so they can make enough profits to lift our living standards just at a time when banks are making mega profits but we are still warned to expect a worsening lot for years to come. For Tory logic read self serving deception.

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