Richard Bacon MP column: ‘Encouraging signs in our banking sector’

Banks helping
small business

I recently attended a forum organised by Robin Twigge, the East Anglia chairman of the Federation of Small Business, on banking for small businesses.

The big banks say they want to help local businesses, but are things really getting better? Actually, the signs were quite encouraging.

There is still a lot of anger about banks mis-selling inappropriate products such as swap agreements alongside bank loans, and the banks know they have more to do. Yet participants from a range of local businesses and the big banks engaged in a sensible dialogue. There was a down to earth approach from the bankers who attended that was a welcome contrast to the big bonus culture in the city which caused so much damage by encouraging bad behaviour. Well done to Robin Twigge for fostering this dialogue.

Holocaust Memorial Day

The world commemorated Holocaust Memorial Day 2014 recently. Organised by the Holocaust Memorial Day Trust, January 27 represents a chance for everyone to remember the millions of people killed in the Holocaust, under Nazi Persecution and in subsequent genocides in Cambodia, Rwanda, Bosnia and Darfur.

January 27 marks the date that Auschwitz-Birkenau, the largest Nazi death camp, was liberated by the Russians. It is very important that each new generation learns about the enormity of the crime of genocide. It is a bitter truth is that genocide did not begin or end with the Nazis.

By honouring the survivors of regimes of hatred, we can use their experiences to help inform our lives today. Young people have to know about these event so that they can help in the fight against bigotry and prejudice.