Wednesday, November 25, 2009

I'm Working For The Cash Machine

Well who would've thought it? The judge sided with the banks after all thus maintaining that cushy £2.6bn revenue stream.

But that was only for the unauthorised overdrafts.

The authorised overdrafts are proving to be a money spinner as well with the average rate at its highest since the mid-90s: 18.96%

So, they have our money thanks to the Treasury and the law courts, they can get away with charging what they like and there ain't jack-shit you can do about it. Looks like those bonuses will be back on the cards soon enough.

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