Campaign news

Co-op Bank: a tragedy

Co-op Bank: a tragedy By Mick Brooks The co-operative movement, together with the Labour Party and the trade unions, is the third wing of our labour movement. Co-op Bank customers learned with dismay in October 2013 that the Bank has just fallen into the hands of predatory hedge funds. 10,000 Co-op Bank workers tremble for their jobs. The Bank’s ethical policy, such a striking and pleasant contrast to the rapacious greed and social irresponsibility of the commercial banks’ lending, is likely to be torn up. [continue...]

(Page 503 of 640)
first page / previous / 501 / 502 / [ 503 ] / 504 / 505 / next / last page