B usiness Secretary Vince Cable has suggested that customers are being “ripped off” by banks after an investigation by the BBC’s Panorama , which found that some people are paying interest of as much as 167 per cent on …
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Vince Cable says banks are ‘ripping off’ customers – First Post
The Scottish Government was last night under pressure to make urgent changes to the law after a bank won a landmark case against a customer suing it for unfair charges. As The Herald revealed yesterday, Santander …
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Law change call after ruling on bank charges – Herald Scotland
Following on from the Citizens Advice taking the banks to task for treating bankrupts unfairly by refusing them bank accounts, finance expert Gary Miller-Cheevers has highlighted how prepaid card accounts can be a cost …
Banks are said to have delivered a “death blow” to thousands of Scots attempting to sue them over unfair overdraft charges. In a landmark case, high-street giant Santander yesterday convinced a Glasgow sheriff that …
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Customers hit by ‘death blow’ in bid to sue banks – Herald Scotland
As with any other business function, treasury has to adapt its actions to the prevailing environment if it is to deliver optimal performance, especially under the volatile market conditions in the past two years. Against …
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Multinational corporate treasurers: Liquidity decision-making at the sharp end – Finance Asia
Until now, many users of international bank transfers have found it to be an expensive business, with limited options for small foreign money transfers. We calculate that with 0 per cent commission and our competitive …
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Attractive overseas property prices prove tempting for UK second home seekers – PRWeb
City grandee Sir David Walker and former Labour MP John McFall (main picture) made their names bringing banks to account. But do we need them to launch a company buying up banks in Britain? News that plans are afoot …
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Does Britain need the ‘grumpy old men’ bank? – Citywire.co.uk
The Office of Fair Trading is very active in pursuing bad practices pertaining to that old regulatory chestnut consumer detriment. Its recent efforts have focused on insolvency practitioners, cash Isa transfers and bank …
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Warn the OFT of RDR damage – Money Marketing
Her Majesty will still be able to bank for free but thousands of other customers won’t be so fortunate. Coutts, the Queen’s bankers, has ‘outraged’ many by forcing them to pay £600 a year for a basic current account …
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Coutts charges £600 a year for current account (but not it’s favourite customer… the Queen) – Daily Mail
The rise in the charge for consumer protection on package holidays from £1 to £2.50 last October slashed almost £15 million off the debt of the Air Travel Trust fund that pays out when a company fails. The fund …
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Atol fund debt falls, clearing way for reform – Travolution
