by Lucy Care on 10 October, 2014
Lucy Care writes;
On the last day of the Lib Dem Conference in Glasgow this week, the party debated policy on banks and banking.
There were several detailed and weighty speeches about the way the banking sector works – or should work. Examples of banking from overseas were provided, and people expounded the need for more options for small business loans.
For me the message was simple. Britain needs banks which put the community first. The policy would make it easier for small banks to be started, able to look after their own communities.
Of course, we used to have many more small banks and building societies. But over the years they’ve been bought up, amalgamated and rationalised. Many places need them back.
The motion provided this hope.
You can see the debate on line, here. I’m fourth on the playlist. The motion is printed below on the same page.
PS Point 8, at the end of the motion relates to local government pension schemes. This isn’t a subject I’m an expert in, but I attended a ‘fringe meeting’ about it at conference, and as a result this final statement seems really important too. If you happen to be knowledgeable about this, please get in touch.Leave a comment