Some things come in threes: buses, bad luck, BeeGees. Others come round in a steady stream: sushi, airport luggage, financial scandals. So what’s next?
Our Watchdog not Lapdog campaign called for the new financial regulator to be strong, open and proactive. Martin Wheatley must stick to his plans for tough action – even if it’s unpopular with the bankers.
Milo is the lovable face of our Watchdog not Lapdog campaign, launched to make sure the new financial regulator stands up for consumers. And now Milo’s here to share the diary of his day trip to London.
Today Martin Wheatley, future head of the Financial Conduct Authority, announced how he will tackle poorly designed incentive schemes that can see banks selling products you don’t need. He’s here to tell us why…
Are you paying between £72 and £300 a year for your bank account? Were you pressured into upgrading your account as the ‘must have’ benefits outweigh the cost? Chances are you’re not getting value for money…
Some of the banks have suggested that the way to avoid future banking scandals is to let them charge for current accounts. It’s time to shatter the myth of ‘free’ banking.
Do you remember life ‘PFC’ – that’s pre-financial crisis. If we asked a producer to plot a script for how the financial crisis would unravel I don’t think in my wildest dreams it would lead us to where we are today.
We think the concept of ‘free’ banking in the UK is a myth as we’re often stung with charges we’re not expecting. Hidden, unfair or excessive, the banks can have a habit of sneaking in additional costs.
Mortgages are not best known for being easy to understand. But the confusion is only compounded by different lenders offering different rates and fee structures, making price comparisons very tricky indeed.
We launched our Watchdog not Lapdog campaign because we want the new financial regulator to work for people, not the banks. We took to the streets to find out what you want from the new watchdog.
According to the future regulator responsible for the UK’s financial stability, banks should stop offering so-called free current accounts if Britain wants to stamp out mis-selling scandals. But is he right?
Milo, the Which? watchdog, is the face of our campaign for a strong, open and proactive financial regulator. In this guest post, Justin Tomlinson explains why he was the first MP to adopt Milo and what he represents.
The pomp and ceremony is over for another year – so how was the Queen’s Speech for you? With deficit reduction and reforming the House of Lords top of the agenda, was it a speech that resonated with you?
What do you associate with 1 May? Springtime? Maypoles? Flowers? Workers’ rights? Well this year more than a million consumers will be marking May Day as the day their mortgage payments went up.