Daily Mail

...meanwhile meddling Goldman boss says UK needs another vote

- By James Burton Banking Correspond­ent

THE billionair­e American banker who runs Goldman Sachs has demanded a second Brexit referendum amid fears the result could hurt his profits.

Lloyd Blankfein has repeatedly hit out at the decision by British voters to leave the EU and is a key figure in the City’s ferocious lobbying operation to make sure banks are prioritise­d in negotiatio­ns.

The New Yorker, 63, said on Twitter yesterday: ‘Here in UK, lots of hand-wringing from chief executives over Brexit.

Reluctant to say, but many wish for a confirming vote on a decision so monumental and irreversib­le. So much at stake, why not make sure consensus still there?’ But senior Tory Jacob Rees-Mogg said: ‘It is unwise to lecture other countries about their democratic systems, especially when your motives are suspect.’

John Longworth, a former head of the British Chambers of Commerce who now works for pro-Brexit group Leave Means Leave, said of Mr Blankfein: ‘He will naturally put the interests of his organisati­on ahead of those of the British people.’

GIVEN the EU’s unparallel­ed record for waste (for two decades the auditors refused to sign off the accounts), the idea of handing Brussels even more aid money to spend on our behalf is surely an act of folly.

But despite Eurocrats spending £167,740 on acrobatics and juggling lessons for young people in Tanzania, among other projects, they were given an extra £177million of British taxpayers’ money last year – taking the total to £1.5billion.

Despite ministeria­l promises to end aid funding to India, another £92million was spent in a country with its own space programme. Meanwhile China, an economic powerhouse, was given £46million.

It’s long been obvious that with so much money swilling around in the budget, aid officials are desperate to find ways to spend it – a sure-fire recipe for profligacy.

So the Mail has a proposal for new Internatio­nal Developmen­t Secretary Penny Mordaunt: Order a full audit of all aid spending to examine just how wisely the money has been used. It won’t happen of course, but if it did this paper believes it would make for disturbing reading. THE Mail has some words of advice for Lloyd Blankfein, the boss of Goldman Sachs (aka the ‘vampire squid’): Put a sock in it. Yesterday he called for a second referendum on Brexit. A few weeks ago he hinted that Brexit would allow Frankfurt to rival the City of London. But as the chief executive of arguably the world’s most amoral bank, which campaigned for the euro, fuelled Project Fear and helped cause the 2008 financial crash, does he really believe the public cares a fig what he thinks? FORCED kicking and screaming by Ofcom into revealing more about the complaints it receives, the BBC has said that over two weeks it had a total of 8,300, completed investigat­ions into 12, but fully upheld just one. However, in the vast majority of cases we do not know what people were objecting to or why the complaints were not upheld. What a joke.

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