Sunday, July 20, 2014

Gobbledygook To Make Responsible People Pay More!

The Competition and Markets Authority has said that bank charges such as overdraft fees may be "cross-subsidising" bank accounts that are free if in credit, and that offering these accounts for free "may distort competition".
The CMA says removing "free if in credit models" may lead to greater transparency and moves towards "more cost-reflective charging structures".
Telegraph.

An Unending Stream.

  Boko Haram kills 10 Christians in northeast Nigeria Members of Islamic extremist group Boko Haram on Monday killed at least 10 Christians ...