Tesco aims to become the ‚Äòpeople’s bank’

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FT.com / Companies / Food & Beverage - Tesco aims to become the ‚Äòpeople’s bank’.

Tesco declared its ambitions to become the “people’s bank” on Tuesday, capitalising on public disillusionment with traditional lenders to launch an aggressive expansion into financial services.

Nothing could be further from my vision of what such a bank should be.