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The End Is Nigh...

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The OFT inquiry has already ordered banks to slash penalties on credit cards, arguing that current default fees - about £25 - were too high adding that anything over £12 could be considered unfair and challenged in the courts. Typically overdraft charges are about £30.

Industry body the British Bankers' Association said it was "very disappointed and surprised" by the ruling and suggested some banks may review arrangements on current accounts, which are currently free to operate.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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