YANA PETTICREW explains what’s behind the strike and how the entire sector rests on super-exploiting an unorganised workforce
A new public banking ecosystem
Acting CWU regional secretary in Scotland CRAIG ANDERSON explains the need for change to our privately dominated banking system
BILL KIDD MSP says increasing Britain’s nuclear arsenal at this time is dangerous and expensive folly
ROGER McKENZIE asks whether the US’s shift to targeting everyone at once will instil greater co-operation among rising powers
ANSELM ELDERGILL examines the government’s proposals to further limit the right of citizens to trial by jury
As we mark the anniversaries of the Hiroshima and Nagasaki bombings, JOHN WIGHT reflects on the enormity of the US decision to drop the atom bombs
DIANE ABBOTT explodes the anti-migrant myths perpetrated by cynical politicians and an irresponsible mass media
BRITAIN has one of the largest, least diverse, most complex and interconnected financial systems of the advanced economies.
In contrast to many other countries, the banking sector in Britain is dominated by a handful of large, shareholder-owned universal banks, whose main aim is to maximise shareholder return.
Britain is also unusual in that it lacks a significant local or regional banking presence — the market is overwhelmingly dominated by national and often internationally orientated banks.
These features contribute towards a number of social and economic problems.
More from this author
As Reform UK threatens to capitalise on public anger, our Establishment politicians simply refuse to acknowledge their role in creating the very alienation that gives succour to Farage, writes CRAIG ANDERSON
The Scottish Labour conference this weekend will be the last call to save the party from electoral ignominy in 2026, argues CRAIG ANDERSON
The fight to protect the very principles of the USO goes beyond postal workers alone, argues CRAIG ANDERSON
An alternative economic model run by and for local communities has already gained a foothold in some areas of Scotland — now we need the Community Wealth Building project to spread, writes CRAIG ANDERSON
