Summary
BRITISH banks have been given just two years to make it substantially easier for customers to switch their accounts between institutions.
George Osborne said moving direct debits and other charges should be free and significantly simpler by 2013.See the full content of this document
Extract
Chancellor Announces Shake-Up in Bank Sector
The announcement came as the Chancellor confirmed a raft of changes to the banking system, designed to prevent another crisis in Britain.
He also outlined plans to ...See the full content of this document
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