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OFT bank charges investigation derailed by Supreme Court ruling

The thing that annoys me about this is that. 1) They have said their is no such thing as free banking although most banks pay minimul interest on holding our money if any. And most bank accounts now have a sub charge per month anyway. 2) We bail them out with tax payers money for them to use it on bonuses and golden handshakes for leaving directors. Not for improving lending at reasonable rates for which it was meant. 3) the charge of £20-35 per charge, how can this be warrented. All they do is send an automated letter and have an automated system leave you a message on your telephone. As for the idea of a government run bank, they have caused this problem in the first place. Bailing out these banks when they should of been left to go bump like they deserve. And also has anyone known the government to do anything successfully. They cannot even process a Direct debit payment for Council Tax without taking more than they should.

25-Nov-2009

1:36 pm