Bankers
19th December 2006
Below is a copy of a letter I sent to Tony Blair today. I wonder how the slippery one will deal with it. I wonder if he will deal with it?
The Prime Minister
10 Downing Street
London
Dear Prime Minister
Last week I drew from my Derbyshire Building Society account a cheque for £40,000 and paid it into my Barclays current account in order to transfer it to my bank account in Turkey, to facilitate the payment for a property I recently purchased there. I was informed by Barclays that it would take five working days to clear the cheque before the money could be transferred. I pointed out to the bank clerk that God had created the entire heaven and earth in six days and that therefore five days just to clear a cheque seemed an inordinate length of time, particularly as the branch of the Derbyshire Building Society on which I drew the cheque and the branch of Barclays at which I presented it about a minute later are less than fifty yards apart. This cut no ice at all. I didn’t think it would.
I would point out that if Barclays were to invest my £40,000 in question for five working days (in fact one week since they don’t work Saturdays and Sundays), at a rate of five per cent (and this is the absolute minimum return on the money they would obtain), that they would make a profit on my money of £38.46. When you take in to account that this is just one cheque clearance and that Barclays – and all the other banks - are clearing many millions of cheques per year you might agree with me that this is nothing but larceny, and on a grand scale, and rampant capitalism.
What, if anything, does a good socialist such as you plan to do about this situation?
Yours sincerely
Terry Ravenscroft
Ignore this if you have already read it. My books Dear Air 2000 and Football Crazy are now in print. They are priced at £8.99 each and are available from Amazon, but readers of my blog can buy them direct from me for £7.50 including p & p. Just send me a cheque and I will send the book/books by return.
My address is –
Terry Ravenscroft, 19 Ventura Court, Ollersett Avenue, New Mills, High Peak, SK22 4LL
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