WH Smith Go Backwards
I’m a subscriber to The Times and get vouchers to pay for my paper.
Where I live there are two shops that take them and I usually use them, when I’m staying in for the morning. Or I might use the supermarket, when I do an early morning shop.
But when I travel by train, I usually pick my paper up at the station to read on the journey.
Until earlier this week, I just went into the WH Smith picked up the paper and put the voucher in the box.
They’ve now removed the boxes and expect you to use the self service machines. It’s a pain, so now they won’t get my custom.
Usually, when I go to the station, I don’t pass a paper shop that takes vouchers. So today, I’ll have to walk the other way to the shop that does, before I go to St. Pancras.
I can’t help feeling that lots of people will forgo their morning newspaper or buy it elsewhere.
Prospects For Scottish Banks
I have a trawl for the Royal Bank of Scotland in Goggle and two stories this morning make interesting reading.
Scotland Will Never Be Free as Long as It Has RBS is from Bloomberg and Analysis: Scottish banks plan quietly as independence debate gets louder is from the Chicago Tribune.
They should be read.
I don’t care which way Scotland votes, as it is their affair, but I won’t be following David Cameron’s advice to phone my Scottish friends and implore them to stay, Mainly because all of them seem to be in the Better Together camp.
One feeling I do have, is that the Scottish independence debate is the tail, that is wagging the donkey of the Royal Bank of Scotland. No bank is too big to fail, but because of the referendum in September, no English politician dare put the Royal Bank of Scotland and its employees out of its misery.
I can’t believe that if Barclays had got into the sort of trouble RBS did, then it wouldn’t have been liquidated.