Thursday, February 23, 2006

Poor Bankers

Why should banks be expected to subsidise branches in poorer areas? Unlike the Government, they are not charities.

Would the Nottingham University researchers accept banks charging higher fees in poorer areas if that's what is required for the branches to remain profitable?

Good to see the BBC publishing the name, bank account, sort code and signature of someone in the picture to accompanying the report!

1 comment:

Lone Primate said...

This argument makes about as much sense as wondering why a person should fill a tooth with a cavity... why then floss, why brush it, why work to maintain it? Surely it's better for the mouth to let it rot, and concentrate just on the shiny teeth. Say, why does my face hurt?