Bank charges verdict to be delivered next Wednesday
Posted by Cashzilla in banking on 17. Nov, 2009 | No Comments
Image by johnbullas via Flickr
Wednesday week (25th November) will be D-Day for the banks in the long-running bank charges saga after it was announced earlier today that the Supreme Court will deliver their ruling on the legal battle according to MoneySavingExpert.
Both the High Court and the Court of Appeal have ruled that charges can be [...]
RBS-NatWest cut overdraft charges from 1st October
Posted by Guest Dino in banking on 07. Sep, 2009 | 3 Comments
Image via Wikipedia
Could this be the clearest indication yet that banks have admitted defeat in the long running bank charges saga? In a surprise move, the taxpayer-owned RBS-Natwest group has announced it will be slashing charges related to overdrafts – breaking ranks with the rest of the banking industry.
With a decision on whether the [...]
Tories want bank charges compensation repaid ‘quickly and fairly’
Posted by Guest Dino in banking, lifestyle on 27. Aug, 2009 | No Comments
A decision regarding the fairness of bank charges might still be weeks away, but customers who have been overcharged by banks should be compensated “quickly and fairly” says Conservative party leader, David Cameron in an Independent online article.
The case, which is currently undergoing discussion in the House of Lords could cost British banks billions of [...]
Tories label bank charges as unfair
Posted by Cashzilla in banking, credit cards on 22. Jul, 2009 | No Comments
It seems pressure is increasing to overhaul bank charges throughout the UK, and the latest group to brand the charges as ‘unfair’ is actually the Tory party!
This call by a major political party came in a white paper on the subject of banking reform, not only criticised bank charges, but also stated they would force [...]
