If we were to tell you that you are a shareholder in a British bank you might be surprised. If we were to mention that that bank has been consistently running at a loss for a decade you may begin to worry about your investment. If we then said the organisation you’re invested in is accused of asset stripping compromised businesses to make a quick buck you probably wouldn’t believe us. Joining us to discuss RBS’ recent return to profit and whether it is now going to repay the British taxpayers is businessman, RBS victim and former CEO of Torex Retail PLC, Neil Mitchell.
Yesterday’s Parliamentary debate into RBS’ long-running scheme to bankrupt hundreds of business owners via its Global Restructuring Group was postponed after an “emergency debate” was called on the humanitarian crisis in Yemen. Sure, it’s selling arms to Saudi Arabia which is using those arms to murder, oppress and starve the Yemeni people, but there’s one surefire way to get the British Government to take foreign diplomacy seriously: threaten them with a banking inquiry.