Anorak | An End To Free Banking

An End To Free Banking

by | 27th, April 2007

pickpockets.jpg THE great bank charges debate rumbles on with the news that a full-scale inquiry is to be launched into the much-publicised illegal penalties imposed by banks on their customers.

The Office of Fair Trading announced the inquiry yesterday.

However, while campaigners welcomed the news, the likelihood is that the banks themselves will, rather unsurprisingly, cover their losses by imposing charges elsewhere.

Leslay McLeod of the British Bankers’ Association warned consumers of the likely end to ‘free banking’ “A lot of banks

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Posted: 27th, April 2007 | In: Money Comment | Follow the Comments on our RSS feed: RSS 2.0 | TrackBack | Permalink