London Mayor Boris Johnson has been accused of giving Barclays Bank £10m of free advertising after it pulled out of sponsoring his bike hire scheme.

Transport for London was expecting Barclays to contribute the sum as part of an expansion into the south west London suburbs.

Documents released by Transport for London under a Freedom of Information request show a “Heads of Terms” agreement was being negotiated in August.

Reported by ITV News. You can read the full story here. 

I am a journalist and author. I am a journalist at the UK edition of WIRED magazine. In 2015, my first book Freedom of Information: A Practical Guide for UK Journalists, was published. My second book Reed Hastings: Building Netflix, was published in March 2020. I created FOI Directory in 2012 and have maintained it in my spare since ever since.