What is it with banks?
Banks are the only firms on high streets still consistently causing queues. Why are they continuing to operate short hours while other businesses are opening as normal? And why do they close on Saturdays and insist on cutting their high street presence even further, against huge public opposition?
A little over a decade ago, their scandalous activities drove the world almost to the point of meltdown, yet they have shown no contrition nor gratitude for what the taxpayer did for them nor rendered up any guilty scalps. And notice, please, how no Royal Commission was ever put to work to investigate that most monumental of scandals. Today, in this world of COVID, the banks continue on their merry way.
As a shopkeeper, I need change. I had to wait twenty minutes on my high street to gain entry yesterday and only one out of four counters was operational.
Part of the problem is that Brits are too polite. We stand in quiet acquiescence to the nonsense the banks are subjecting us to. It is not in our nature to make a fuss. Politicians will not come to our rescue because too many of them look to the banks for lucrative jobs when their days at Westminster are over.
One big mistake was not to let a couple of the big banks go down the Swanee as the US did with Lehman Bros. Considering banks ‘too big to fail’ made cowards of us. Now we must force them to accept their social responsibilities. Easy access to money should be a start and right. Abandonments of dreams to make us a cashless, at least for the foreseeable future, should be another. A little humility would also help.