LG stung by rates on £8m bank loan By The Lawyer 11 March 2009 11:11 13 December 2015 15:28 Sign in or register to continue reading. It's FREE Sign in Email Password Keep me logged in Forgot your password? Not registered? It's FREE! Register now Register with The Lawyer Anonymous 11 March 2009 at 15:03 stung Ahem – it would seem that you have been stung and are NOT quids in. Forward he cried from the rear. Reply Link Billy Bunter 11 March 2009 at 19:12 Eh? Hang on, they borrowed £11m, £8.2m of which was at 6.27% so only £2.8m could have been at 0.85% over LIBOR – and he’s pleased?! Is he stark raving bonkers? Reply Link Anonymous 13 March 2009 at 13:28 Lack of commercial acumen Baffles me. How do the people responsible make these decisions clearly without any commercial acumen? Reply Link Name Email Cancel reply Threaded commenting powered by interconnect/it code.