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Many of the economic problems which the country faces today, and indeed the world faces, are because banks put chasing unsustainable profits first. If you want banks to put people first rather than shareholder profit then the Feeling's Mutual. The Feeling's Mutual is a campaign run by the Co-operative Party aimed at promoting mutuals and co-ops in our society. Northern Rock is a demutualised building society which ran into trouble because it stopped putting people first. The UK Government has a chance to put people first, instead of selling off Northern Rock to the highest bidder who will have to recoup that investment by chasing unsustainable profits. To find out more about this campaign view the latest video from the Co-operative Party.
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