Government moves to completely nationalise banks already under partial state control would be supported by the British public, a politics.co.uk poll suggests.

Sixty-five per cent of respondents believed the best way forward for bailed out banks is the action shareholders and bankers fear most – full nationalisation.

But despite such popular support, few industry experts recommend shifting privately owned banks wholesale into the public sector – with all of the added debt that would entail for the taxpayer.
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If the public misunderstand the finer points of nationalisation, they are certain in their desire for change. Only 15 per cent thought keeping banks as they are was the best course of action.

…more at Politics.co.uk

Reader comments

1. Liberal Conspiracy

   New blog post: Public want banks nationalised http://tinyurl.com/c4y37y

   [Original tweet]

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