[There is a] fundamental economic issue of whether any company which uses data from individuals to make money should pay the owner of that data for i… - Vince Cable

The destruction of the British building society movement – or much of it – in the two decades after the late 1980s … was one of the great acts of economic vandalism in modern times. And the commercial banks largely abandoned locally based relationship banking in the decade before the recent financial crisis. There is now no institutional structure in place to offer countercyclical lending, particularly small and medium sized businesses, in place of the banks.

[We should] go back to the people [with another referendum]

On his central point, the £350m a week, this is a lie. He knows it is a lie and endlessly repeating it does not make it the truth.