'Banking enterprise during the window of opportunity, 1958-61' in D H Aldcroft & A Slaven (eds), Enterprise and Management. Essays in honour of Peter L Payne

Topics:

  • Name Innovation, diffusion & invention, inc technology & products

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Considers the nature of innovation in the banking industry and the environmental factors which shaped the attitudes and performance of British banks in the 1950s. Deal in detail with two innovations during the period of minimum [regulatory] controls, 1958-61, viz: 'personal cheque accounts' and 'personal loans' especially for consumerables. These are taken as revealing a commitment to business expansion and the beginnings of a shift in culture and attitude