News: A broken model | Time to Nationalise Retail Banks

20 June 2013 | Bill Hodgson

Frances Coppola argues that provision of banking for regular people on the high street is fundamentally broken, and must require government guarantees to survive, hence the implication that a government sponsored entity (GSE) to provide basic current and savings accounts in a transition to a new model for the banking system. Story here: A broken model. Frances has an interesting blog of her own here: http://coppolacomment.blogspot.co.uk/