Business and people search

David Parkin on getting spanked by an economist

26th April 2013

Angel Square

Angel Square

THE Co-op's decision to pull out of buying more than 600 bank branches from Lloyds Banking Group was portrayed by some elements of the media as a failure.

But for who?

The Co-op blamed the continued economic downturn and tougher regulatory environment imposed on banks.

It had been hoped that the Co-op's purchase of the branches would create a bigger competitor to the main high street banks.

But it seems to me that the Co-op's prudence - and you can't blame a mutual organisation for that - reflects badly......for the full story register now for free or login below...

Or Login to Read this Story


Latest Business News

Five deals in one week for accountants

Five deals in one week for accountants

03/05/2016Clare Burnett

"Steel saviour" to buy Tata sites

"Steel saviour" to buy Tata sites

03/05/2016Duncan Tift

Motor giant snaps up Jaguar site

Motor giant snaps up Jaguar site

03/05/2016Clare Burnett

Law firm launches new offices in style

Law firm launches new offices in style

03/05/2016Clare Burnett

Wedding venue and hotel gets new owners

Wedding venue and hotel gets new owners

29/04/2016Clare Burnett

Read More News

 
TheBusinessDesk is a trading name of Regional Media Services Ltd.
A company registered in the UK, company number : 07111349 VAT Number : 124302954