Worsfold's Wisdom: Labour rediscovers an appetite for mutuality, co-operatives and a People's Bank

Of course, whether it is noticed depends on how the other parties respond to this theme. Most likely it will be submerged by the battles over issues that are more likely to obsess the mainstream media like tax cuts, health, education, crime and immigration. There has already been some media comment over the suggestion - and it is only that - that Northern Rock could be returned to its former mutual status when the government divests itself of the failed bank: "As one option for the disposal of Northern Rock, we will encourage a mutual solution, while ensuring that the sale generates t...