“..As far as the UK’s ethical banking sector is concerned the steady stream of headlines from the interest-rate fixing Libor scandal to the HSBC money laundering for drug barons has proved to be a marketing campaign from heaven.
Put simply the British public has had enough of the Big Banks which are now seemingly beyond the control of either the courts or government resulting in a boom for the UK’s ethical banks.
“Since January we estimate that half a million people have switched their current accounts to ethical alternatives,” says Louis Brooke from the Move Your Money campaign which launched earlier this year.
“People are now moving their money because they no longer trust their bank – and want an alternative which has more integrity.”
If you’ve never heard of an ethical bank before then check out the Ethical Consumer’s Buyers’ Guide to ethical current accounts –
- which tells you everything from what an ethical bank is to how to move your accounts.
So just who are the winners in this ethical finance revolution?..”
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