I'd love to go SJ, but doubt I could get the time off work, plus the cost of an early enough train to get there for 9.00 am would add about another £100 to the cost.

Perhaps someone who lives a bit nearer ....

I live in London

What do I need to do?

Is it £380 for seminar?

Just a case of going along to find out what's happening jdes. You may find you have the opportunity to ask questions, and I see there's the opportunity to "network", but it's a lot of money to find for a half day seminar, and be a bit like walking into the lion's den!!

Unfortunately I don't think CAG would be able to help out with costs either, even if there are still places available.

As SJ says, at least Mike Dailly will be there and will no doubt be championing our cause.

Just found an e-petition to the Government that I think is rather good, although not got many signatures yet.

 

 

 

http://epetitions.direct.gov.uk/petitions/6571

Seems this petition has now closed with only 2,200 signatures after 12 months. Disappointing.

I am pleased to see Mike Dailly will be attending and i'm sure he will feed back through his channels of communication. I believe he is also closely connected with Which? so there's another place check out in due course.

The Guardian has been great, beating off the bullies who would like to silence those who take on the financial industry.

Just listening to some excellent evidence being given to the Parliamentary Commission on Banking Standards Joint Committee by Mike Dailly and Peter Vicary-Smith of Which?

http://www.parliamentlive.tv/Main/Player.aspx?meetingId=11433

Excellent stuff and just what's needed.

Thankfully, the spotlight is back on the Banks again and on the political agenda. Bank charges should reflect the true cost to the banks not using charges to make profit, that to me is a penalty. I hope now the impetus is there to reform the banking sector this subject is dealt with asap.

Which? The Big Change

http://www.which.co.uk/campaigns/personal-finance/big-change/

I see Dave Fishwick of Bank of Dave has a petition. It only runs until 29th January so needs support quickly.

Better Banking for Britain

Responsible department: Her Majesty's Treasury

We want:

- ‘back-to-basics’ banking in Britain

- greater competition and more choice for consumers

- more community banks which serve the people and businesses in that community

- more loans to small businesses and better returns for savers

- an end to the culture of greed and bonuses

http://epetitions.direct.gov.uk/petitions/40861

Oh and just a little snippet from Mike Dailly to give us all hope for the new year......

I will put my new bank charges strategy and pleadings into the public domain very soon - I have won, but all subject to confidentiality agreements, many court actions post the OFT test case, and I think we have a plan. Many billions at stake.

Caro, that is very good news to hear.

I am conscious of the fact that March next year represents the sixth anniversary of when I first wrote to my banks concerning bank charges, and feeling that if I am going to start a county court claim it probably needs to be done before then to avoid any possibility of the bank entering a statute barred defence.

Oh and just a little snippet from Mike Dailly to give us all hope for the new year......

Amazing news Caro! I wonder if M D's plan is to return the charges automatically or whether you would have to submit your claim. Roll on the new beginning:-D

Caro, that is very good news to hear.

 

I am conscious of the fact that March next year represents the sixth anniversary of when I first wrote to my banks concerning bank charges, and feeling that if I am going to start a county court claim it probably needs to be done before then to avoid any possibility of the bank entering a statute barred defence.

I don't know Iain. I think we'll have to wait and see, and also study the Limitations Act to see if there are ways round it.

Amazing news Caro! I wonder if M D's plan is to return the charges automatically or whether you would have to submit your claim. Roll on the new beginning:-D

I'm sure if it was down to Mike it would be automatically, but I suspect it will mean claiming, as I know he has been doing on behalf of others.

I see too that there have been arrests with regards to the LIBOR scandal.

Perhaps the tide is beginning to turn.

Would like to know how this new compensation the FSA is advocating is going to be paid considering we're starting to hear at least two Banks may need more bailing out to the tune of 5 billion each. Why an I thinking tax payers?

http://www.bbc.co.uk/news/business-21272606

Would like to know how this new compensation the FSA is advocating is going to be paid considering we're starting to hear at least two Banks may need more bailing out to the tune of 5 billion each. Why an I thinking tax payers?

 

http://www.bbc.co.uk/news/business-21272606

Follow up today http://www.thesun.co.uk/sol/homepage/news/money/4773166/Ratbanks-Banks-face-10billion-bill-for-ripping-off-firms-in-loans-con.html

Sub-prime mentioned thank goodness.

Hoo rah, I hear the tax payer has had a reprieve. let's hope it's the start of the Bankers being responsible for their own short comings, as let's face it no one bails us out!

Banks told to raise £25 billion to protect themselves http://www.channel4.com/news/banks-britain-bank-of-england-25bn-lending-small-business

http://www.bbc.co.uk/news/business-21948429

http://uk.reuters.com/article/2013/03/27/uk-britain-banks-fpc-idUKBRE92Q08B20130327

One suggestion I heard was that they reduce bonuses.......

I believe so Caro, and also the same idea to cover Europe. Personally, I never thought the argument of Bank personnel leaving England in droves to other Banks abroad if their bonuses were interfered with, would be a fact. There has to be the jobs to go too and they are not two a penny. If this action is taken Europe wide at least, there is more containment and not being held to ransom by these people threatening to leave if their bonuses are capped.

This action will attract money from abroad as we become a safer global bet.

Over a year since there's been anything to add to this thread, but following a few posts about bank charges on his fb wall, Mike Dailly provided this link.

https://www.gov.uk/government/news/cma-announces-programme-of-work-on-banking

Looks like the new CMA are looking into the big 4 banks. There's also mention of capping overdraft charges. http://www.bbc.co.uk/news/business-28361778

Nice to see that Which? are still actively fighting a range of charges, including bank charges, and currently have a petition which I'd encourage everyone to sign.

http://www.which.co.uk/campaigns/insurance-bank-card-fees/?utm_medium=Email&utm_source=ExactTarget&utm_campaign=fees_charges_launch24072014

Seems the fca aren't resting on their laurels.

http://m.bbc.co.uk/news/business-29141587

Thanks to Mike Dailly for this link.

http://www.fs-cp.org.uk/publications/pdf/discussion_paper_cross_subsidies_in_the_pca_market_20140911.pdf

Seems the fca aren't resting on their laurels.

 

http://m.bbc.co.uk/news/business-29141587

 

Thanks to Mike Dailly for this link.

 

http://www.fs-cp.org.uk/publications/pdf/discussion_paper_cross_subsidies_in_the_pca_market_20140911.pdf

Yes, all good, and I never gave up the faith in future changes either. For the record, our household subscribes to Which? Consumer Association and we are all fans, but we don't feel they are quite as scathing of the banks as they could be, especially in relation to 'returned' direct debit and standing order charges. Everyone knows that 'returned' really translates as 'never went anywhere and our system just auto-pooped you a letter to financially rape you'.

Having attended a couple of Which? events on banking it was clear that most of those with complaints about banks were more concerned at the lack of interest payable on their savings. I think that's probably more the type of subscriber that they have. That didn't prevent very positive action being taken as a result, and having spoken to a member of the Which? board, she was very willing to listen to concerns. The more people get involved with their campaigns, the more likely they are to take action, and they have a huge amount of influence. It just needs people to get on board. I'd love for CAG to be able to campaign in this way, but sadly we just don't have the influence, and remarkably few people are willing to get involved in CAG campaigns. Believe me, we've tried, but it just doesn't happen.