Letter to FT re Barclays

Sir, My late father spent his entire working life from 1925 until 1970 as an employee of Barclays Bank. He retired early owing to ill health. Upon his retirement I, as his 29-year-old son, asked him, perhaps naively, how he felt about being forced to leave his only ever employer with whom he had been for 45 years.

“My dear boy,” he said. “Don’t worry. I am delighted to be leaving Barclays. I loathe and detest the way Barclays is going and I fear for its future.” This was in 1970.

What, I wonder, would my father have thought today, and indeed during the preceding 42 years?

Malcolm Gaudie, Chesham, Bucks, UK

Anthony Hilton, Independent – A Question of Trust – Banks Don’t Get It


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