If the right moves are made, RBS could become a great bank again. If not, Ian Fraser doubts the bank will exist in ten years’ time. An ethical revolution is required
Carol Craig finds reasons for hope in an upsurge of Scottish grassroots activism and cross-party collaboration. It offers a chance of rebuilding local democracy – as long as it remains free to challenge central government.
As RBS crashed there was only one man in the driving seat – but his fellow passengers could have helped to steer a safer course. Edited and abridged extracts from Ian Fraser’s best selling Shredded identify four guilty men.
When was the last time you heard the shouts, squeals and laughter of young children as they ran, jumped, climbed, built dens, made mixtures and played ‘Let’s Pretend’ in their local neighbourhood? Sue Palmer of Upstart Scotland makes the case for outdoor play
‘There is a saying among global trade negotiators that the world is divided between cannibals and lunch. The UK may be finding painfully that leaving the protection of the cannibals has condemned it to become lunch. It was certainly Stephen (Haseler)’s view that the English superstate was just as incapable of responding to new challenges internationally as it was domestically.’
[Goodwin] told Alistair Darling that conditions were very bad and that RBS had been considering whether to stop lending to customers. Darling asked Goodwin what would resolve the situation and Goodwin said ‘long-term funding’. How ‘Fred the Shred’ continued to ignore the warning signals, nevertheless.
‘We don’t care if customers are made to suffer, as long as we save our skins,’ continuing our tenth anniversary series, Ian Fraser translates ‘banker-speak’ as Royal Bank of Scotland desperately struggled to survive a record-breaking pre-tax loss of £691 million in 2008
‘ It is difficult to escape the conclusion that the effects of a chaotic Brexit would be much worse for poorer Scots, who spend more of their income on goods that will attract higher tariffs post-Brexit.’
‘…the devolution settlement is in flux and it will remain to be seen whether Westminster will firmly establish itself in the driving seat or whether Scotland and the other devolved nations will gain true additional powers….’
‘The territorial politics of Brexit is a bewildering mix of ignorance, apparent disdain, confrontation, cooperation and collaboration. Rarely have the so-called devolution ‘settlements’ appeared more unsettled.’