Guardian – The British financial services industry spent £92m last year lobbying politicians and regulators in an “economic war of attrition” that has secured a string of policy victories.
As the industry prepares to fight off renewed calls for root-and-branch reform in response to the Barclays rate-fixing scandal, an investigation by the Bureau of Investigative Journalism has revealed the firepower of the City’s lobbying machine, prompting concern that its scale and influence puts the interests of the wider economy in the shade.
