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Marcel Lukas, Senior Lecturer in Banking and Finance and Vice-Dean Executive Education, University of St Andrews

Why most of us are reluctant to switch banks, even though it could cut our environmental impact

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Beyond cutting back on meat or making the jump to an electric vehicle, another way consumers can reduce their environmental impact is to switch to a green bank. It’s a lifestyle change that could deliver powerful effects – removing money from the fossil fuels pipeline – for little effort or inconvenience.

Yet it has been claimed that people in the UK are more likely to get divorced than switch banks – despite there being services that make changing your current account easy.

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