• White Smoke

    Love and prayers to friends in the Roman Catholic church on the election of the new pope. It was lovely to see the people in Rome greet him.

    The airwaves are going to be full of speculation about what he will be like and full of things he has said in the past. The truth is, there is no knowing whether how he has been will be how he will be. It just doesn’t always work like that. Things happen.

    It is interesting to think about there being a Jesuit pope. Like many an Anglican I’ve received quite a lot from the Jesuits – in my case, retreats, spiritual direction, methods of prayer, friendship and massage. I’ve found most Jesuits I’ve encountered to be intelligent, funny and purposeful. They also are formed in quite a distinctive way spiritually. This pope is likely to think things through quite differently to some popes just because of that. It will be fascinating to see how it all pans out.

    He appeared to be a calm man and that will surely be needed. It was good to see someone call the people gathered in Rome to pray as his first act. He seemed to call us all to pray, Roman Catholics and others alike. Let us hope that he is indeed the great bridge builder (pontifex maximus).

    We’ll be praying for him. Just as he requested.

     

5 responses to “On being bought and sold”

  1. Tim Avatar

    I’m contemplating it – too much instability coming up in the next couple of months though.

    You might find http://www.ethicalconsumer.org/buyersguides/money/bankingcurrentaccounts.aspx interesting – the CoOp don’t seem to score all that highly, although obviously better than established big names.

  2. Pam S Avatar

    I did move my account and our joint account about 18 months ago – from Lloyds to the Co-op!

    My reason was what appeared to be a policy to get as much money out of me as possible, culminating in imposing an accumulating daily penalty for a going a very small amount overdrawn on one account by accident when I was ill. The charge amounted to much more than the original overdraft. They didn’t inform me of this for several days and the basic attitude was ‘well that’s your lookout’. They knew that there was enough money in other accounts to cover it.

    I knew about ethical banking before that – our son is a great advocate of ethical banking and had suggested we moved to the Co-op several times – but it was only a personal experience of what I considered unethical behaviour which damaged me personally that gave me the impetus to do it.

    Many years ago when my father was struggling financially, his branch of Barclays called him in to tell him off about his overdraft. He went straight across the road to another small local bank called Martin’s, asked if he could transfer his overdraft there and they lent him the money to close down the account at Barclays. He always said that Barclays had to eventually take over Martin’s to get his custom back!

    One thing I did find with moving banks though – it was actually not quite as straightforward as I was told it would be – there were several standing orders and direct debits that didn’t get automatically transferred so there were a couple of months of companies contacting us to tell us we owed them money! However it was all fairly easy to sort out on the phone. Also we were on a lower overdraft limit for the first six months so if you need to use the whole of your current overdraft limit every month it’s best to be clear about what you’re being allowed.

  3. Tracey Avatar
    Tracey

    I bank with the Clydesdale because I work for them, and they require you to have your salary paid into a Clydesdale account.

    I wonder if Howard’s branch of Lloyds is being sold to the Co… I really hope so, for hunners of different reasons.

  4. Helen Avatar
    Helen

    I wonder how ethical the co-op bank actually is. I have had a preference for shopping at co-op supermarkets because of their ethical stance,until the recent revelations that they are among the worst offenders for driving down the price of milk below the cost of production. Fair trade and ethical have to apply to the uk too.

    1. Jo Avatar
      Jo

      The Cooperative have just increased the price they pay to milk producers, in response to concerns raised. As to the bank, “more ethical than any of the other high street banks” is about as good as it gets right now.

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