Magazine article The Spectator

Apples for the Teacher, Zones for the Minister -- It Was All a Bridge Too Far

Magazine article The Spectator

Apples for the Teacher, Zones for the Minister -- It Was All a Bridge Too Far

Article excerpt

Apples for the teacher and butter for the politician. Businessmen are always tempted to butter up ministers by backing their pet projects in the simplistic hope of getting their favours returned. New Labour ministers know how this works and, when the Dome was his pet project, Michael Heseltine was the past master. The City, he thought, should sub up for the Money Zone. He got L6 million out of the Corporation of London, and the Bank of England agreed to lend L1 million in L50 notes to put on display, though, naturally, it wanted them back. He then called the banks' chairmen in and demanded money with menaces. Their responses were varied. Barclays and National Westminster came over with their hands up. Lloyds and Abbey National plucked up the courage to tell him that they could not justify this sort of use of their companies' money. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.