Move your Money

We have had all this hooha in recent days about the RBS and Hester’s big reward of £963000 which he has now decided to give up (he is still going to get about £8million in shares by the end of the year see http://m.guardian.co.uk/commentisfree/2012/jan/29/rbs-stephen-hester-move-your-money?cat=commentisfree&type=article)

Unfortunately as the article points out, what is happening is that the main issue about the banks and the economic system is getting hidden behind the personalities and the “little stories” that are playing out in the press. The big issues are still there.

A new campaign is about to start to encourage us to move our money from the big banks to smaller, local or more ethical banks like the Coop or Credit Unions. You can find more details or sign up for info at http://www.moveyourmoney.org.uk/

I for one will be looking at how we might move our money into a more ethical bank and Lent seems a good time for me to take the time and effort to make it happen – and for my current bank to give up my money.

Advertisements
This entry was posted in Economics, Lifestyle. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s