Current account customers to be able to switch banks within a week
Inside: Cheap Loans UK
–
Current account customers to be able to switch banks within a week
By making it easier to switch accounts it is hoped that more people will do so, leading to greater competition and lower costs.
U-turn on plan to scrap cheques
LONDON (Reuters) – Britain has dropped plans to scrap cheques in 2018 following a strong public backlash despite a 20-year decline in their use.