I.O.U.K. Banking Reform Proposals

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NEF Report, 2009: I.O.U.K.: Banking failure and how to build a fit financial sector

URL = http://www.neweconomics.org/NEF070625/NEF_Registration070625add.aspx?returnurl=/gen/uploads/krbe0ki3igslam55lzmp0gig10032009112149.pdf


Description

"I.O.U.K. makes the case for a radically different approach to banking. It argues for smaller, more specialised and localised banks, which are transparent about their patterns of lending. Financial inclusion must be prioritised, the Post Office should be the home of a new, publicly-owned People's Bank, and small businesses, the bedrock of the UK economy, should be supported both financially and within legislation." (http://www.neweconomics.org/gen/z_sys_PublicationDetail.aspx?pid=283)