Unit 3: Banking watchdog wants to cut prices/fees banks charge

Thanks to Daniel (I don't often say that! :-) for this FT article (Click here to access) on how the CMA, in an attempt to boost switching rates and encourage banks to compete for customers, unveiled proposals centred on making fees transparent and opening up bank data for other parties, to help them enter the market.

Good article which discusses the issues of dominant firms exploiting consumers.