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 [...]

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 [...]

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 [...]

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 [...]