Bank's investment arms
I could separate the Banks investment arms from their high street banking in a few months!
I had been following various attempts to persuade banks to split their high street operations from their Investment arms over the decade and wonder at the ineptitude of it.
If I were Prime Minister, I would make a phone call to the newspapers saying that the Government will be withdrawing the £85,000 savings guarantees for peoples money in banks as from 31st December 2019, and after that will only guarantee the money of customers who save with banks who do not have an investment arm.
You can bet your bottom dollar than by the end of this year, most of the banks will have separated the two business otherwise they would have dead high street branches.
What is wrong with our political leaders, maybe they hadn't read yesterday's article!