March 2002 – A member-nominated candidate for the board, Richard Yendall, has revealed that Britannia provides more beneficial rates on accounts to members of UNISON than ordinary members. The list of directors shows one non-executive director to be ex-deputy secretary of UNISON.
Members are asked to vote to re-appoint the auditor but, strangely and unusually for any voting papers, the auditor is not named. Elsewhere it is revealed that the auditor is PricewaterhouseCooper. The list of directors shows one to be an ex-partner at PricewaterhouseCooper.
Our Comment – Now we know why they do not want members to be directors.