Huge donation awaits UK Treasury - but there's a hitch
(Reuters) - An anonymous half-million pound bequest to Britain has mushroomed to 350 million pounds ($546 million) since it was made 85 years ago, trustee Barclays Bank said on Saturday - but London lawmakers cannot get their hands on it.
The donor left the money in 1928, but said it should only be handed over once Britain had amassed enough funds to pay off its entire national debt, which now totals 1.2 trillion pounds.
News of the current size of the potential payout came weeks after Britain's government struggled with the terms of another half million pound donation, in the will of retired nurse Joan Edwards.
A Barclays spokesman said the bank had been trying unsuccessfully to get permission through the courts either to use the 1928 bequest to make charitable grants or to hand it all to the Treasury.
http://uk.reuters.com/article/2013/08/17/uk-britain-bequest-idUKBRE97G05H20130817
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