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BBC News talk to Stafford Railway

 
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carpetmuncher
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PostPosted: Mon Jan 11, 2010 12:05 am    Post subject: BBC News talk to Stafford Railway Reply with quote
http://news.bbc.co.uk/1/hi/business/8446087.stm
That force of the building society movement. Laughing
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LinoSack
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PostPosted: Mon Jan 11, 2010 9:10 pm    Post subject: Reply with quote
Did you mean to type force or farce?

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HB
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PostPosted: Mon Jan 11, 2010 9:37 pm    Post subject: Reply with quote
from the BBC article:
Quote:
In the town of Stafford, the single branch of one of the UK's smallest building societies, the Stafford Railway, has been open for 132 years.

It sits just 10 yards on the town square from a large branch of the Alliance & Leicester, which will eventually be rebranded as Santander.
...
""We have the greatest advantage in mutuality in not having to pay a dividend" said Heenan


Maybe. However the Santander branches have the advantage of not having to fork out for eleven directors in each one, like the SRBS does. I suggest THEY will be getting the dividend Sad

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