Money search engine Moneyfacts.co.uk has launched an ethical personal finance section, where users can compare the various accounts and products on offer.

With more of us taking an interest in how financial institutions make use of our cash, this could be a very handy resource.

The Co-operative Bank’s latest ethical consumerism report says this area of the financial market is already worth £11.5 billion a year.

Sadly for its employees, the ethical bank isn’t winning a big enough share of this for itself.

It announced this week that it will be laying off 1,000 staff from its financial services arm.

Maybe someone from the Co-op needs to log on to Moneyfacts, take a look at the opposition and see how it could improve its offering.

This entry was posted on Saturday, July 21st, 2007 at 10:06 am and is filed under UK Personal Finance. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.