RAIL WORKERS overwhelmingly voted for the nationalisation of Britain’s banks yesterday as new research suggested that 12,000 jobs were at risk from branch closures.

Delegates at rail union RMT’s annual general meeting endorsed a resolution which stated that “democratic public ownership” of banks was “the only way to guarantee proper regulation of the banking and finance sector.”

Proposing the motion, Bakerloo Line delegate Jim McDaid said: “The banks have failed, we saw that during the crash, and they failed miserably.