Meanwhile, they’ve been closing down branches and cash machines left, right and centre to save money at the expense of elderly and vulnerable customers who are left with no face-to-face contact with bank staff, or access to physical money.
The impact on these customers, especially those in rural locations which are worst affected, can be profound. It’s hardly the behaviour of an industry that’s apparently so deeply invested in the good of society, is it?
And when it comes to helping the victims of devastating fraud, banks are also putting their interests firmly above their customers’. According to Which?, reimbursement rates for push payment scams remain “shockingly low”, with banks finding victims at least partly responsible for their losses in 77pc of cases assessed, meaning they won’t get all their money back.
So yes, when it comes to morals there truly may be no-one worse to judge than the banks. They can hand out as many pronoun badges, hold as many Pride events and cancel as many Nigel Farage-types as they like, but at the end of the day customers will see it all for what it really is: virtue signalling designed to further their own money-making agenda.
The bottom line is that no-one should be denied a bank account on the basis of their views. Government intervention to stop this faux moral grandstanding cannot come soon enough.
https://www.telegraph.co.uk/personal...ep-money-safe/