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George Kerevan: Separate Scots banking system is not the problem

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Published Date: 02 April 2009
I ONCE had lunch with Will Hutton, former City stockbroker, former editor of the Observer and currently the mouthpiece of a think tank called The Work Foundation. Mr Hutton was visiting Scotland on a "fact-finding" tour, much as one drops into some obscure African country. It was a good lunch, which I had plenty of time to enjoy as Mr Hutton monologued through most of it, hardly bothering to ask any questions about Scotland.
So it came as no surprise when Mr Hutton popped up in the media over the weekend to pontificate on the forced dismemberment of the Dunfermline Building Society and the banking crisis in general. He has a peculiar take on the issue: it is all the faul...



The full article contains 995 words and appears in The Scotsman newspaper.
Page 1 of 1

  • Last Updated: 01 April 2009 9:16 PM
  • Source: The Scotsman
  • Location: Edinburgh
  • Related Topics: George Kerevan
 
1

Brian Hill,

02/04/2009 12:37:33
Interesting SNP member George Kerevan's articles tend to be only partly online (if at all) whereas the London Controlled Labour supporters have unfettered access to this 'paper' (I nearly said broadsheet....which it used to be) to spout their unionist propaganda on a daily basis.
2

dShep,

Inverness 02/04/2009 13:47:09
Just listened to Will Hutton on radio 2, the banks are now too big, he wants to break them up into smaller units.
George from one of your previous articles
"is that public ownership of the Royal Bank of Scotland is transferred, pro tem, to the Scottish administration and that RBS becomes a German-style regional bank-funding manufacturing, local authorities and Holyrood. This is how the German Länder (state governments) are financed."
Better if above was BofS not RBS as Scotlands 10% share of LLyods could be traded for 51% share of an independant BofS. Breaks the banks up, that would please Hutton

 

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