Woke bosses of a building society have axed Robin Hood from their logo because they feel the hero outlaw does not reflect the firm’s ‘financial diversity’. 

Nottingham Building Society replaced the Sherwood Forest hero, who stole from the rich to give to the poor, with a black squiggly line forming an N surrounded by a green background. 

Former Tory minister Sir Alec Shelbrooke hit back at the decision last night, stating: ‘There’s nothing more English than the story of Robin Hood – the classic folklore legend. 

‘Again, this is the madness of woke culture taking over.’ 

Meanwhile, customers of the building society branded the new logo ‘ridiculous’ and a ‘waste of money’.

One person wrote on X, formerly Twitter: ‘I preferred the old logo. Haven’t you always been evolving over the last 175 years?’ 

Another said: ‘Robin Hood’s been cancelled then in the name of diversity. I note the Nottingham Guy Fawkes night bonfire has also been cancelled.’ 

A third added: ‘This logo is ridiculous. Means nothing about Nottingham or the building society. It doesn’t stand out, doesn’t mean anything… waste of money in my eyes! 

‘Ruined a well known brand and what is wrong with celebrating/using a well known English legend!’ 

Robin, from the 12th century, is said to have lived with his band of Merry Men and regularly rescued Maid Marian. 

The legend became part of the building society’s iconic logo in the 1980s. 

A spokesman for the society said: ‘We are incredibly proud of our roots and 175 years of history in Nottingham. We celebrate that, while recognising that people today have a much broader range of financial needs than ever before and it is important that we meet their needs. 

‘We are proud to be a building society, reflecting our long heritage and focus on our members, and bringing that back into our name is a hugely positive step. 

‘Our new look reflects our commitment to building for the future, for both our customers in Nottingham and those right across the UK.’