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More on Ethical Banking

What is an ethical bank? This is a bank which follows principles or goals in an attempt to improve the environment and society, eg it refuses to invest in the mining of fossil fuels or it provides affordable loans to charities. Many people follow the advice of Martin Lewis and, in his analysis of ethical banks offering Current Accounts, he recommends the Triodos bank as the best, followed by Nationwide, the Co-op bank and then the Cumberland Building Society. If it is savings Accounts you are after Lewis strongly recommends the NS&I Green Savings Bond. For more details see https://www.moneysavingexpert.com/banking/ethical-banking/#about

Jenny Germain