Monday 19 July 2010

Banks Continue to rip off customers

Britain's banks are "ripping off" their customers, Business Secretary Vince Cable has told the BBC.

Mr Cable said forcing banks to change their practices would be a key test of the coalition government.

His comments come as research for Panorama reveals that high street banks surveyed are charging as much as 167% interest on unauthorised overdrafts.

http://www.bbc.co.uk/news/uk-10664533