New overdraft rules come into force from Monday, which mean firms can only charge one single annual interest rate for both arranged and unarranged borrowing. The changes were announced by the ...
New rules which ban 'unfair' overdraft fees have been welcomed by financial expert Martin Lewis who has led a 10-year campaign to scrap them. The Financial Conduct Authority (FCA) announced on Friday ...
Media and political criticism of the new fees was sharpened by the Financial Conduct Authority’s proposed crackdown on what it labelled a ‘dysfunctional market’. Although Lloyds Banking Group have ...
LONDON, Mar 1 (Reuters) - Lawmakers have criticized a move by Britain's Lloyds Banking Group to impose more expensive and complex overdraft fees on customers only months before a regulatory clampdown.
Compare business bank accounts with overdraft facilities Offers a flexible way of borrowing which is available when needed No fixed repayments and only pay interest on the amount you borrow Having a ...