The end of free banking: winners and losers

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Wallet
Wallet

Free banking looks to be on its deathbed. We look at who will win as a result, and who will be left out of pocket.

Banks want to end free banking. I'm not sure if that means customers should too.

Some politicians have bought the idea. Andrew Tyrie, head of the Treasury Select Committee, said: "It's clear that almost everybody seems to agree that we must get to the point where customers know how the banks are charging and give account holders a genuine choice."