Banks used to be reputable institutions but Mr. Mainwaring of Dad’s Army would be out on his ear today. A. Osorio, the current figurehead of Lloyds Bank, which is taxpayer-supported after failing, tried to blame the closure of 200 branches and shedding thousands of staff on the Brexit vote. Then the bank was obliged to admit that the decision to reduce the business was taken months ago, and it was really a consequence of 2 factors which had nothing to do with the referendum.
The main cause was the disastrous decision to take over the failed bank Halifax Bank of Scotland as a favour to then prime minister Gordon Brown, who was worried about losing Labour votes in Scotland. That merger tipped Lloyds into failure and a taxpayer bail-out. The second reason is the fact that banks have been encouraging customers for years to use the internet and mobile phones for their banking instead of expensive branches.
But the Remain whingers will use any old excuse to pretend that they were right and everyone else was wrong.
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