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PFI Turns Into Ongoing PR Disaster for Barclays

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Having spent £25m on the branding rights to London's new cycle hire scheme, the bright sparks in the Barclays marketing department have started a dialogue with the public and which could last for several years. The scheme is part of a private finance initiative providing thousands of rental bikes in return for painting London's roadways in the bank's corporate colours.



Only minutes after the bank …