Tories to scrap FSA in banking shakeup
Posted by Guest Dino in Uncategorized on 28. Aug, 2009 | No Comments
The financial industry is in for a major awakening should the Conservative party receive the keys to power in the next general election says Channel 4 News.
Plans outlined by the party has revealed that one casualty of their proposed financial shakeup would be the Financial Services Authority (FSA) with their power being transferred to 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 [...]
