BBA slams Livingstone ‘hang a banker’ jibe


The British Bankers’ Association has slammed Ken Livingstone for calling for bankers to be hung one by one as an example to the others.

Last week, Labour’s London mayoral candidate Ken Livingstone told an Electrical Contractors Association annual dinner 20 or 30 times to “hang a banker a week until the others improve”.

BBA chief executive Angela Knight says continual demonisation of the entire banking industry is “unhelpful” and undermines the drive to attract new jobs to London.

She says: “If Mr Livingstone intends to make London hostile to business, and if he is considering stringing up a fair proportion of his electorate, he is going the right way about it.”

Livingstone was London mayor between 2000 and 2008 and is currently neck and neck with Conservative candidate and current mayor Boris Johnson in the polls for City Hall. The election is on May 3.