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ETHICAL Co-op Bank customers had further cause to fret yesterday as its boss’s latest scheme threatened to hand the firm outright to City profiteers.
Shareholders and customers were promised “a very solid future” in May of last year when then-chief executive Euan Sutherland announced an unprecedented entry into the stock market in order to plug a £1.5bn deficit.
But nearly a year on, the 142-year-old institution could be about to lose its ethical investment statutes entirely under the terms of a further £400m share drive.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
Friedrich Merz’s call for a new Plaza Accord ignores how Washington’s 1985 currency ambush destroyed Japan without fixing US deficits — China, a sovereign socialist state with 1.4 billion consumers, cannot be bullied the same way, writes CARLOS MARTINEZ
The biggest strike in global history is a template for our future. The silence tells you all you need to know, writes CLAUDIA WEBBE