Campaigners outside Downing Street in London demand that John Glen, MP, be replacedSmall business owners and representatives of “mortgage prisoners” have called for the prime minister to sack John Glen, economic secretary to the Treasury. Groups representing entrepreneurs who claim they were mistreated by Royal Bank of Scotland, Lloyds Banking Group and CYBG, which owns Clydesdale Bank, joined forces with campaigners for trapped mortgage borrowers to demand that Mr Glen be replaced in the forthcoming reshuffle. There is anger over an alleged lack of support for causes such as the provision of redress for small business owners damaged by banking misconduct and a perceived shortage of help for mortgage prisoners — hundreds of thousands of homeowners trapped on high-interest mortgages because they don’t meet stricter borrowing criteria. In a joint letter to Boris Johnson, the

Source: The Times January 30, 2020 00:00 UTC