Candidate urges parties to ‘close links’ with banks following tax avoidance scandal
WARRINGTON South’s Trade Union and Socialist Coalition parliamentary candidate is calling on parties to ‘close their links’ with banks.
Kevin Bennett, who is also a council representative for Fairfield and Howley, has condemned the actions of banks in the country following the tax avoidance scandal.
The former Labour councillor insists action must be taken to prevent further ‘schemes’ from hitting those affected.
“Badly-run banks have brought this country to its knees,” he said.
“Everyone who is living with a pay freeze or pay cut and all the services out-sourced or cut – it is all to pay for the billions of pounds used to bail out the banks.
“Yet not a single bank executive has been jailed or even arrested for what has gone on, even after the HSBC bank’s complicity with tax avoidance was revealed.”
Cllr Bennett believes the country should look towards ‘the example set’ by Iceland to put a stop to the issues at hand.
“Iceland’s Government has also refused to pay off the banks’ private debts, and punished those responsible for losing billions of pounds in irresponsible speculation – we should do the same,” he added.