Monday, May 03, 2010

Conservatives in hock to the City of London – Clegg

David Cameron’s Conservatives have become nearly four times as dependent on the City of London since he took over as leader.

The Tories have raised more than £15m from companies and individuals connected to banking since he was put in charge.

One in 10 Tory candidates is a former banker or has connections to the banking industry.

Commenting, Nick Clegg said: “The Conservative Party will never reform the banks and rebuild our economy because they are completely in hock to the City of London."
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