Tuesday, February 20, 2007

Mail and Indy Agree


It is unusual for the Front pages of the Indy and the Mail to be in agreement but it's happened this morning as both papers,at the start of the Bank reporting season,feature stories.
The Independent reports that
Britain's biggest banks are facing an unprecedented
people's revolt as millions of ordinary customers prepare to claim back illegal
charges.
Internet-based campaigners plan to use the annual bank profits
reporting season, which takes place over the next fortnight, to trigger a
massive round of complaints about unauthorised overdraft charges.

Whilst the Mail reports
Banks and building societies are moving to kill off
free banking as they prepare to unveil record profits of more than £40 billion.


His remarks stunned consumer groups and politicians,
who last night accused the banks of 'pure greed'.


The Indy features the
The consumer champion behind growing rebellion

Martin Lewis never imagined he'd be helping about a
million people to rebel against their banks.
Five
years ago, he set up
www.moneysavingexpert.com in his spare time while working as a television journalist. The
site has become popular with savvy web users sharing money-saving tips with each
other, but it was never meant to be the voice of popular consumerism.
Then
something changed. Last year, Mr Lewis started to notice one topic of
conversation cropping up more and more often on the site's user forums. "At
first, a trickle of brave people reported they had taken on their bank in court
over borrowing charges - and won," Mr Lewis said. "Then the trickle became a
stream - and now it's a flood."
Moneysavingexpert.com had already attracted
sufficient commercial interest for Mr Lewis to devote his energies to the site
full time - and to hire several staff. But interest in the bank charges campaign
has eclipsed everything else.
"I didn't instigate this campaign, but I have
become its promoter-in-chief," Mr Lewis said. While his site is not the only
web-based source of advice on claiming back charges - Which?, the consumer
group, offers similar help, as do several others - it has rapidly become the
most popular.

No doubt the Mail will soon be launching its own campaign in the near future.For the momenmt though we rely on the comments on its web pages,this from olderbird
This is the obvious reason why this money-grabbing
circus of a government insisted that ALL benefits, including pensions, are paid
directly into a bank account.

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