Posts Tagged ‘Bank reform’

An inquiry into the banks at last. Great – or is it?

by Michael Meacher.

A new official inquiry into the banks is announced just when Osborne announces that the banking crisis is finally over. In fact it’s still coming to the boil – how does he manage to keep on coming up with these gags? Just 6 years late, you might think. But that’s the least problem. The real issue is […]

We need a banking system that helps small businesses, not hinders them

by Grahame Morris.

People in East Durham are facing the worst cost of living crisis in a generation. Prices are soaring, wages are falling, working people are £1,600 per year worse off and small businesses are struggling to access the finance they need to grow. Yet David Cameron continues to demonstrate how out of touch he is with the […]

Ed Miliband is right, Britain lacks local banks – RBS could fill that void

by Tony Greenham.

Why not convert a large, publicly owned bank into a network of local banks like those that operate successfully in Germany? Ed Miliband’s speech to the British Chambers of Commerce marked an important step towards filling a vital gap in our banking system – the place where you live. The UK banking system, dominated by […]

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