Part of the Public Sector News Network

Let’s create a Bank of Liverpool

I am sure that some people will think that I am least slightly crackpot when I suggest that Liverpool could have its own bank. But we could and in my opinion we should. Liverpool alone as a council has £1.3bn washing through its accounts each year. We have at any one time in our own right or in our management £100,000,000 of medium and short-term investment. Just think what those figures would look like if we added in the turnover and short and medium term assets of the other five Merseyside councils. ...

Subscribe to New Start
Full access to all New Start content is just £49 + VAT per year
Subscribe Now