Huge financial houses like RBS are parasites with no healthy social purpose

THIS week (5 August) Ross McEwan, the outgoing chief executive of the Royal Bank of Scotland, told a swanky press dinner that his bank would leave an independent Scotland for London.

The reasons he gave for moving headquarters are the boldest imaginable statement of the power of the big financial houses in modern Britain.

Andrew Wilson was congratulated by Fred ‘the Shred’ Goodwin for an RBS ‘factsheet’ in 2007 that would later be described by Fraser as “a most extraordinarily hubristic and bombastic document”

Scottish councils could save hundreds of millions by re-negotiating banks which have made enormous profits through high interest loans, campaigners say

Journalist Alasdair Clark reviews the latest edition of Ian Fraser’s best-selling book on the Royal Bank of Scotland, taking in the bank’s latest scandals

NOTHING about the reality of Britain can be properly understood without knowledge of the financial crash which nearly cost us everything. Ian Fraser's Shredded shines a bright light on the bank which was and remains at the cente of that story.

‘Lobo’ loans with RBS cost significantly more for local authorities than standard loans with the UK Government’s Public Works Loan Board

Almost one in three want RBS to be run as a nationalised bank for the foreseeable future

George Kerevan: “This is RBS using OUR money in a scam to raise share prices - £1.4bn of state-owned, bailed-out bank cash that should be used to invest in the economy”

Evidence emerges UK Government Asset Protection Agency pushed RBS outfit to take aggressive measures against small and medium businesses

10 years on from the financial crash, how Britain was brought to the brink of collapse

A DECADE on from the crash of 2008, major questions are still unanswered about how successive governments and global financial elites led Britain to the brink of financial ruin. How did they get it so wrong? 

RBS have once again been forced to pay a fine for reckless and potentially criminal behaviour. The list of offences is a long one, it’s owned by the state – but still our politicians are silent

SERIOUS fraudster. Multiple-offender. Destroys small businesses. Broke the economy. Rewards pure greed. Drains cash-strapped local authorities to finance PFI. Terrible at servicing its customers. Will likely break the economy again in the near future.