Viewpoint: Joel Benjamin of Move Your Money UK explains why they are launching a local authority ethical banking campaign
Move Your Money UK launched in February 2012 in order to help transform widespread public anger with the big banks into active support for ethical and mutual banking sector in the UK. The sector was systematically gutted, following financial deregulation of the 1980’s (the ‘big bang’), resulting in the closure of hundreds of small banks and building societies, leading to the consolidation of the financial market within just four too-big-to-fail high street banks.
