Does the hon. Gentleman agree that the key piece of information is not only the charge that will be levied, but the difference between the interest earned on base rates and the interest paid on that account to the customer? Until the customer has that information, he will always in a position whereby he can be taken to the cleaners' by his bank as it varies that rate of interest.
Financial Services Bill
Proceeding contribution from
Lord Tyrie
(Conservative)
in the House of Commons on Monday, 25 January 2010.
It occurred during Debate on bills on Financial Services Bill.
Type
Proceeding contribution
Reference
504 c599 
Session
2009-10
Chamber / Committee
House of Commons chamber
Subjects
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Timestamp
2023-12-11 09:59:24 +0000
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