Overdraft hike

Body of "Ghosts of Kyiv" commander Mikhail Matyushchenko found in Ukraine. Image: Anatoliy Fedoruk/Facebook

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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Written by

John Smith

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. Share your story with us by emailing [email protected], by calling +34 951 38 61 61 or by messaging our Facebook page www.facebook.com/EuroWeeklyNews

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