Re: BBC attacks Barclays funding

Home Forums Off-topic BBC attacks Barclays funding Re: BBC attacks Barclays funding

#84387

zefrog
Participant
Quote:
London Mayor Boris Johnson has been accused of giving Barclays the sponsorship of his cycle hire scheme “on the cheap” in a deal that was not put out to competition.

(my emphasis).

and

Quote:
Three advertising consultants contacted by BBC London said the commercial value of what the bank was getting, in advertising alone, was between £9m and £15m a year.

(they pay £5m a year at the mo)

Also the second sponsorship (announced yesterday) could easily have been renegotiated in view of the success of the scheme.