Nice little xmas present!

[ewerk 31592]

I think if they were to do that then you'd get some of the newer banks that are emerging, Tesco etc. providing those services for free and taking all their customers. I only see this ruling as a good thing.

 

I think one of the things NR should have done when they were nationalised was to introduce some anarchic ideas like proper free banking to attract customers - they could even have offered 2% mortgages and got a shit load of customers.

 

Illegal unfortunately.

 

Which part/how?

 

If NR were seen to use their nationalisation to compete unfairly with other banks then it would contravene EU laws. Basically stops government owned businesses from creating a monopoly in developed markets.

[NJS 4446]

If NR were seen to use their nationalisation to compete unfairly with other banks then it would contravene EU laws. Basically stops government owned businesses from creating a monopoly in developed markets.

 

Fair enough but I think making a 1.5% margin instead of a 3.5% margin would fall under normal competition imo - as long as they did make a profit then it should be up to the other banks to stop their price fixing cartel.

[Walliver 0]

In a three-day appeal in the House of Lords in June, the banks argued they would receive a "deluge of litigation" if the decision was made against them.

 

What a fucking pathetic defence.

 

"I can't admit to this murder as I will be prosecuted for it".

 

This reminded me of the SOS court case for bond holders - moving fans was a pisstake but the small print said it was okay - similarly the T&Cs of bank accounts are agreed to by customers (as they have no choice).

 

I hope the OFT continue the case though.

 

Could a person function today without a bank account? Are employers beholden to pay me in cash if I requested? I can't imagine.

 

The idea that I choose to have a current account and willingly accept the charges is ridiculous given there is no alternative.

 

This guy does: http://www.details.com/culture-trends/care...on-zero-dollars

[Happy Face 29]

This guy does: http://www.details.com/culture-trends/care...on-zero-dollars

 

Living the dream...but he'll never get his oats.

[donaldstott 0]

In a three-day appeal in the House of Lords in June, the banks argued they would receive a "deluge of litigation" if the decision was made against them.

 

What a fucking pathetic defence.

 

"I can't admit to this murder as I will be prosecuted for it".

 

This reminded me of the SOS court case for bond holders - moving fans was a pisstake but the small print said it was okay - similarly the T&Cs of bank accounts are agreed to by customers (as they have no choice).

 

I hope the OFT continue the case though.

 

Could a person function today without a bank account? Are employers beholden to pay me in cash if I requested? I can't imagine.

 

The idea that I choose to have a current account and willingly accept the charges is ridiculous given there is no alternative.

 

This guy does: http://www.details.com/culture-trends/care...on-zero-dollars

 

There is a guy in Bristol who spent an entire year without working. He lived in a caravan he got off Freecycle, cycles everwhere, cooks using stuff he's grown, bindipped on a fire. Bartered for money for beer..

 

Found the article, it probably won't surprise which paper it was in...

http://www.guardian.co.uk/environment/2009...ark-boyle-money

[Tom 14021]

I went over my overdraft 48p.

 

Lloyd's TSB see this as fit for a £75 charge.

 

[Happy Face 29]

I went over my overdraft 48p.

 

Lloyd's TSB see this as fit for a £75 charge.

 

 

They've been embiggened by the uncromulent decision of the court.

[Jusoda Kid 1]

I went over my overdraft 48p.

 

Lloyd's TSB see this as fit for a £75 charge.

 

 

Tried it with me for 2p, I shit you not and they were going to charge me but due to never having went over before they let me off, cheeky fuckas. Basically they charge you £15 a day for every day you are overdrawn.