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UK Bank debt

I just met Josh Ryan-Collins, a thoughtful chap who works with the New Economics Foundation.

Josh shared this chart with me from his works (doubleclick to enlarge):

Size of US and UK banking system

And if you check out the NEF website, it describes the fact that: "We need a financial system that channels resources into socially useful and productive activities that respect environmental limits. Businesses are powerful agents for innovation and must be part of the solution."

Interesting, and worth exploring a little further I think.

 

 

About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here...

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