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Originally Posted by andyl
Well I think we've established the logistics and legals of the product. So, on the causing a reaction, I'm confused as to what you think LTSB should have done.
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I've not suggested I know what they should have done - I don't know the market. It was a cynical ploy to use the law to their advantage. A clever business decision? Possibly but it doesn't mean I have to like it.
Let's assume there was a scenario where a financial institution could clearly make an extended profit if one of their services was only open to UK residents who could prove their British nationality through 4 generations, by exploiting an imaginary 'British heritage tax allowance". I'm using a deliberately hypothetical example here as it's unlikely such a service could possibly exist. Anyway assuming this allowance would be totally legal - do you think it would ever make it to the market place? Although within the law it would sound too close to racism and therefore unworkable.
My point is, what LloydsTSB are doing sounds like it could be racist but as the vast majority of those taking advantage of it would be of ethnic origin, it is deemed more 'acceptable'.