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People-Powered Banking that Puts Communities First

Posted on 25 Oct 2016 in Blog, Building Resilient Economies

Eight years on from the financial crisis, RBS is still failing its customers and its owner – the UK public – says the New Economics Foundation.

In a recent article for their website, Laurie Macfarlane, Economist at NEF, explains how taking control of RBS and turning it into a network of 130 local banks would help rebalance the economy – by investing in communities and businesses left behind by our London-centric economic model.

The topic has also featured in the Observer recently.

 

 

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