Signage on front of a Co-operative Bank branch
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Co-op Bank scandal: Government 'favoured' Lloyds TSB bid

The government has been accused by the head of a rival bid of directly favouring the Co-op in the doomed sale of part of Lloyds TSB.

Lord Levene, who led the rival bid to buy 632 branches, says Mervyn King - former Governor of the Bank of England - told him a political decision was made to back the Co-op bid.

Joe Lynam reports.

  • 24 Nov 2013
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