Government ordered transform in order to report on Barclays entry to mortgage system
A federal government service purchased change into the report from another investigation towards the a loan made by Barclays lower than your state-recognized credit strategy to reflect the newest bank’s feedback, brand new Guardian provides discovered.
A keen MP states you to amendments undermined the relationship between ministers and you can civil servants, and you can needed a query on process.
The brand new Agency having Team, Invention and Experiences (BIS) got asked the brand new auditing company RSM Tenon to analyze if a good 2006 Barclays mortgage to help you a buddies owned by businessman Jeffrey Morris contravened the fresh today defunct short businesses loan pledges scheme (SFLG). The fresh programme prices the brand new taxpayer almost ?200m from inside the settlement to have banks, that have Barclays stating ?69,471 on the Morris mortgage in the event the organization defaulted involved in 2009.
