By John Smith •
Published: 05 Dec 2019 • 17:19
BRITISH banks are taking advantage of tough new rules from regulators supposedly designed to protect consumers. They are to turn to a single rate for overdrafts but HSBC will be increasing their rate to 39.9 per cent from March 2020.
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Married to Ophelia in Gibraltar in 1978, John has spent much of his life travelling on security print and minting business and visited every continent except Antarctica.
Having retired several years ago, the couple moved to their house in Estepona and John became a regular news writer for the EWN Media Group taking particular interest in Finance, Gibraltar and Costa del Sol Social Scene.
Currently he is acting as Editorial Consultant for the paper helping to shape its future development.
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