Zombie banking
MPS are discussing branch closures with executives of the taxpayer-owned RBS.
In exchange for the £42 billion bailout, followed by eight years of losses amounting to £60bn, the decision as to which branches of this zombie bank should close should be taken by MPS after consultation with constituents, and RBS informed accordingly. A bigger case of the tail wagging the dog has never been seen.
MALCOLM PARKIN Kinnesswood, Kinross