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Evening Standard
Evening Standard
Comment
Chris Blackhurst

OPINION - The Barclays are back with a bang and the Telegraph sale has been turned completely on its head

A motorbike weaves through the London traffic. It’s heading across town, from Belgravia to the City. Riding pillion is Aidan Barclay. The bike races up to the doors of the Lloyds Bank headquarters. Barclay dismounts, rushes in and thrusts a piece of paper into the startled receptionist’s hand. It’s a banker’s draft for £1.2 billion. Barclay begs that it be taken upstairs immediately and given to Charlie Nunn, the Lloyds chief executive, with his compliments.

If, and when, Netflix or whoever dramatises the rise, collapse and rebirth of the Barclay family, this could well be how recent events are portrayed. Of course, it would allow for creative licence, but this would not be a bad way to explain the late, late move from the Barclay family to repay their outstanding debt to Nunn’s bank.

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