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Have you ever closed a current account or savings account for ethical reasons?
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HillStreetBlues said:Mee said:GeoffTF said:Mee said:Thanks for all the comments - lots to think about.
I don't expect any bank to miss my custom, but I think I will sleep easier at night. What I've done in both cases is email the CEOs to indicate I'm aware of what their UK or US arm has done, like withdraw from Net Zero Bank Alliance, and that it will influence my decision to reinvest or renew any savings product, i.e. I'm slowly divesting.
I can't disagree with someone using one of the best ever police series as a username.
Second to Homicide Life on the Streets and NYPD Blue.Free thinker.:cool:1 -
Funnily enough there was a post I saw on Reddit at the weekend about one of the workplace pension schemes and complaining to them about investing in Elbit (Israeli weapons firm). It's a tough one really as I had a lot in sustainable funds but given the Golf Cheat is in power, switching to funds that invest in weapons, oil/gas etc is the profitable, if not ethical, way to go
Sam Vimes' Boots Theory of Socioeconomic Unfairness:
People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.
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Nasqueron said:Funnily enough there was a post I saw on Reddit at the weekend about one of the workplace pension schemes and complaining to them about investing in Elbit (Israeli weapons firm). It's a tough one really as I had a lot in sustainable funds but given the Golf Cheat is in power, switching to funds that invest in weapons, oil/gas etc is the profitable, if not ethical, way to goFree thinker.:cool:0
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