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CC: UK Tax payers Can Soon Buy Shares In Bank that Lost Its Soul @RealConstable @Ian_Fraser
Manage episode 407746634 series 3524017
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Ian Fraser, author of "Shredded: Inside RBS, The Bank That Broke Britain," joins us for his CONSTABLE CONFIDENTIAL debut. We discuss what Fraser describes as a culture that lost its soul and never got it back, is soon to be sold back to the UK public after being bailed out by the British taxpayer. Fraser explains the bizarre logic behind this news and analyses some recent problems for the bank that has now changed its name to NatWest. We also point out that the Scottish economy shrank significantly in the last quarter of 2023, which Fraser says wasn't much covered by the Scottish press.
Photo description: An accident on Savy Aerodrome during the German offensive. A powerful factor in weakening the German thrust across the old Somme battlefield was the continuous bombing by British aircraft.WWI
Photo credit: Australian War Memorial collection, No restrictions, via Wikimedia Commons
The intro is a shortened version of a clip by Richard Wagner, EEF OAL-1, licensed via Wikimedia Commons, performed by:
Conductor: James Allen Gähres
Ensemble: Ulm Philharmonic
Location: CCU Einsteinsaal, Ulm
Opera: The Valkyrie (Die Walküre)
Movement: Prelude from Act 3
Date 3 June 2014
The thunderclap outro is a shortened version of a clip by Jonathan Hunt, CC BY-SA 4.0, via Wikimedia Commons.
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