Authorities ordered alter to breakdown of Barclays usage of financing design

A national agencies bought change towards statement from another study towards financing made by Barclays lower than your state-supported financing strategy to help you reflect brand new bank’s views, the fresh Protector keeps discovered.

A keen MP has said one amendments compromised the relationship ranging from ministers and you can municipal servants, and necessary a query on the techniques.

The brand new Company having Providers, Advancement and you will Event (BIS) had expected new auditing corporation RSM Tenon to research whether or not an excellent 2006 Barclays loan so you’re able to a family owned by business person Jeffrey Morris contravened the new today defunct brief companies mortgage claims system (SFLG). This new program costs the newest taxpayer almost ?200m during the payment to own banking institutions, having Barclays saying ?69,471 into the Morris mortgage if the providers defaulted in it last year.

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