A great piece in the Guardian weekly from Change Your Bank founder Ken Burnett. In it he talks about how completely unfair the current sustem is and how we all should change our banks by changing our banks.
You can read it here
Being with the Co-operative Bank I’d assumed they would have a sensible policy on pay and bonuses. However there’s no mention of this that I can find on their website, so who knows.
Will keep you posted.
The fact is, bonuses aren’t just wrong, they also got us where we are today. So why go back there? Read my recent blog post on why bonuses are counterproductive to successful business.
Banks that Behave Badly rely on the fact that most us will put up with almost anything before we switch to a better one. But it’s remarkably easy to switch accounts, and consumer organisations such as Which? believe that we won’t get better banks until we start voting with our money.
Ready to change your bank?
Read the Which? guide here, and the MoneySaving Expert guide here.
