The Royal Bank of Scotland which was bailed out by the British Taxpayers after the crash of 2008, is said to be receiving the parliamentary nod to be nationalised. About time too. This institution could serve a great purpose, with its huge network of branches.
All it would need to do would be to have a new agenda, to serve the local customers, provide mortgages to people on limited incomes and people wishing to buy their Council houses. Just that mechanism would unlock a lot of wealth and talent that lies dormant in Britain, and which was previously helped to flourish under the policies of Baroness Thatcher.
This, together with central government policy to review the uniform business rate and perhaps encourage commercial property owners to have a think on flexible rents may, just may, make the local town centres and suburban High Streets spark up with life once more.
It would be an excellent move.