Government won’t bail out Barlow Clowes investors

Title

Government won’t bail out Barlow Clowes investors

Genre

News report; Speech

TX Date

20 Oct 1988

Year of production

1988

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Duration

00:01:17

Description

Peter Spencer reports on the Government’s decision not to bail out the 18,000 investors in failed finance firm Barlow Clowes and the ombudsman possibly investigating the collapse. Includes speeches by Trade Secretary Lord (David) Young in the Lords and Labour Party city spokesman Tony Blair in the Commons.

Contributors

Peter Spencer; Tony Blair; David Young

Keywords

Ombudsman; Investment; Banking; Financial institutions; Barlow Clowes

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