Banks don’t work tough enough for new customers – perhaps because changing accounts is a minefield. Old-fashioned bank charges could be the answerHigh street banks don’t work tough enough to compete for customers,says the report published this morning by the competition and markets authority.
This will not advance as a surprise to anyone who has ever had cause to contact their bank. They don’t work very tough to retain their customers, never intellect to recruit new ones. Related: Bank customers could 'save up to £70 a year' by switching accounts Related: Don’t let the Nobel prize fool you. Economics is not a science | Joris Luyendijk Continue reading...
Source: theguardian.com