Russell Napier: How we can fix Britain’s banking system

Financial historian and author Russell Napier is Merryn Somerset Webb's favourite financial guru. Always ready with an opinion, he thinks there’s an obvious solution to the banking crisis.

This is an edited version of Russell's interview with Merryn, which was published in MoneyWeek magazine issue no 598. To read the full version of this interview, click here .

I think Russell Napier might be my favourite financial guru. He always has an opinion; his opinions make sense; he is more often right than wrong; his reports are actually readable; and when I interview him he usually comes to me. Given that it has not stopped raining in Edinburgh for nearly three months, this last bit is more vital than you might think.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.