Current account customers will be given much clearer information on the charges they can expect to pay after an agreement was reached between providers and the authorities.
Consumers whose mortgage payment protection insurance (MPPI) costs have increased this year will get an automatic refund, following regulatory pressure.
More than 300 homeowners who claim the mortgages they took out were "unfair" have been given the right to bring a group action against Barclays and Bank of Scotland.
Halifax/Bank of Scotland (HBOS) customers who hold the bank's 'High Interest' current account will soon earn absolutely no interest on credit balances.
The Prime Minister has called on current account providers and the regulator to urgently "negotiate" to prevent payout delays if bank charges are ruled unfair.
22 September 2009
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