Co-op Bank is suffering a customer exodus after a tawdry sex and drugs scandal and revelations about its parlous finances.
In a surprise statement to the stockmarket the bank admitted yesterday that there has been an increase in customers ditching their current accounts.
The self-proclaimed ‘ethical’ lender acknowledged ‘recent events may have caused some brand and reputational damage’.
I’m sure there was. Some sort of campaign to get people to move their accounts away from those horrible capitalist bastards, the major high street banks, and into nice cuddly mutuals or summat.
You know, nice cuddly mutuals like the Co Op?