Summary
BRITAIN'S banks are in line for a surprise 625m windfall from the Competition Commission after it scrapped rules which forced them to give small traders a fairer deal.
That is the extra revenue they stand to rake in next year when controls that required the Big Four - HSBC, Barclays, RBS and Lloyds TSB - to offer free banking to small and medium-sized businesses look likely to come to an end.See the full content of this document
Extract
Small Firms Could Lose Free Banking
Christopher Clarke, the Commission's deputy chairman, said the controls were 'no longer app...
See the full content of this document