More people are making enquiries about moving their money from high street banks to building societies and ethical banks, according to the Building Societies Association. It says its members have reported an increase in telephone enquiries from customers concerned about recent banking scandals coupled with a general mistrust of the financial sector. The Co-operative Bank claims a 25% increase from last week in online applications to switch accounts. Lisa, a 33 year-old filmmaker from East London has just closed her Barclays account and moved her money to the Co-operative. She told Sky News:

“I don’t agree with Barclays’ investments or their interest rates. They penalised me for being in debt and every time a cheque bounced they hit me with more charges. “They charged me money for things which should be part of their service. They’re not customer focussed and they were always trying to sell me something.....Read more here: Ethical Banking: Big Increase In Applications