A lawyer who represented the Chancellor when she left the bank, said: “My clear understanding at the time was that my client, who was in a senior role, left on good terms when HBOS plc was acquired in 2009, as evidenced by the payments made to her, the retention of her company car and other benefits for a six-month period, and a favourable reference.
The Chancellor faced calls from the Tory leader Kemi Badenoch to answer claims bank money was used by her and two senior managers to “fund a lifestyle”.
Tory leader Kemi Badenoch said: “The BBC’s investigation raises serious questions for Rachel Reeves.
Several former colleagues from her time at the bank, including HBOS’ former HR business partner, have corroborated this account.
Jane Wayper, an ex-HR business partner for HBOS who worked alongside the Chancellor, said she did not recognise any of the claims.
