This petition was submitted during the 2010-2015 parliament
Petition Stop Santander takeover of Natwest and RBS
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Santander plan to take over RBS branches in England and Wales and Natwest Branches in Scotland. Affecting 1.8 million people.
Santander have already acquired Alliance and Leicester, Abby National and Cahoot. They are consolidating branch banking on the high street leaving people with less and less competition and choice on where they bank and invest their money.
Santander’s recent downgrading by ratings agency Moody’s is also a concern. Why is the Government and FSA allowing high street banking choice to diminish. We should have more banks offering competitive products not more banks becoming to big to fail!
This petition is closed This petition ran for 6 months
8 signatures
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10,000 signatures required to get a government response