banks Articles

A cap on overdraft fees would stop the big banks using its most vulnerable customers as cash cows, writes treasury select committee member Rachel Reeves MP The big banks have been using some of their most vulnerable customers as a kind of cashpoint-in-reverse for far...

This summer, the Competition and Markets Authority published their report into competition in retail banking. The report was a missed opportunity. One of the major issues, and one of huge concern to me, is the extortionate fees charged by banks on unauthorised...

As we head to the south coast for conference in Brighton, Labour knows that it has to speak for the every part of the nation when it sets out a vision for growth post-2015. The coalition has failed to deliver a balanced and equitable recovery, and parts of London and...

It started well. At 4am last Thursday morning bleary-eyed finance ministers from across the European Union emerged from the meeting of Ecofin to announce that they had reached a deal to clear the first hurdle to a full European banking union, with agreement to make...