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Archive for February, 2008

Packaged current accounts are debated while the jury is still out on bank charges

While a decision is awaited with bated breath on whether or not the fees implemented by banks are unfair or not, there is a debate going on regarding the prospect of an end to free banking, which could become a reality if the court rules in favour of the Office of Fair Trading.
If banks […]

Jury still out: Decision on bank charges test case still not forthcoming

It could be months before a resolution is met as a result of the test case on bank charges which is intended to determine their legality and whether or not they should be reduced.
The Office of Fair Trading insists that it is disproportionate for a bank to charge as much as £35-£40 each time […]