Bank of London Founder Faces Bankruptcy: Political Fallout?
Update: 2025-09-20
Description
Labour donor and Bank of London founder Anthony Watson faces potential bankruptcy in a High Court battle with ForgeLight over alleged debts. Once valued at over a billion dollars, The Bank of London, co-founded by Watson, has faced significant losses, emergency cash injections, and a winding-up petition. Despite Watson's departure and new investment, his political ties to prominent Labour figures like Wes Streeting and Yvette Cooper raise questions about donor transparency amidst the ongoing legal drama.
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