Taxpayers were hit for at least another £28.7 billion today as two state-backed lenders unveiled break-up plans on a seismic day for the UK banking sector.
Customers of the three Government-backed banks will get a choice which provider they belong to when the trio are dismantled, the Chancellor has revealed.
The British Bankers' Association (BBA) has hit back at MoneySavingexpert.com after we highlighted the Financial Ombudsman's concerns that many bank charges reclaimers in hardship are being unfairly treated.
Consumers have been warned to be vigilant following a 250% jump in the number of people tricked into handing over their card details and pin to fraudsters.