I always thought, or hoped, the BBC was a serious news provider that had integrity and a sense of responsibility and was not prone to disseminating bilious, dangerous gossip.
Guess I am wrong.
Deputy Lib Dem leader Simon Hughes says he has “seen and heard” banks making racist decisions on lending.
He said banks will “say yes to a well established white individual” but say no to a black business person “with a better financial reputation”.
“I have seen clearly banks, and heard clearly banks, who make racist decisions,” said the MP for Bermondsey and Old Southwark.”
Good that the BBC is prepared to publish such libellous smears about the banks…no names, no pack drill. Nothing like a bit of uncorroborated anti-bank vilification that is purely designed by Hughes to do the most reputational damage as possible.
Such charges of racism should only be raised with absolute proof. It seems here that the BBC have decided to publish under the cover of ‘just reporting what he said’ whilst knowing that mud sticks.
Let’s wait and see just how long the bandwagon takes before the ‘victims’ of bank’s racism come crawling out of the woodwork….and make an appearance on Today and the Victoria Derbyshire show…hankies at the ready!….just don’t expect to hear the bank’s version of any story we hear….all callers to the BBC phone-ins are entirely trustworthy and credible.
A few years back the BBC did a programme on business start ups showcasing some people who were attempting to get their inventions onto the shelves.
One was a young black man who had designed an escape ladder that provided an emergency exit from a burning house. He couldn’t get the banks to fund him…he openly claimed that it was due to racism.
On the same show a white man (Ken Frogbrook) who had invented a straw matting to soak up oil spills at sea couldn’t get any finance despite it working and being a viable commercial product and as such a potential big money spinner, the oil business being the oil business. He finally got some money….his story was heard on the radio and Joanna Lumley (yes Purdey) stumped up some of her own money.
Was he a victim of some unknown discrimination by the banks or did they just think the venture too risky or not likely to be sufficiently successful to warrant an investment? Maybe he had red hair. We shall never know.
It may not say much about racism in the banking world but it certainly says something about their ability to pick a winner.
That’s the real story for the BBC if it really wants to keep poking the banking industry with a sharp stick…that and the lunacy of the Lib-Dems.