More banking bullshit designed to impoverish us all still further

This latest ploy by the government's banking quango is a classic piece of doublethink.

Andrew Bailey, the chief executive-elect of the Government's Prudential Regulatory Authority, says that up-front fees should form part of a radical shake-up of the current system in which the 'myth' of free banking is perpetuated.

Well the 'myth' of free banking was invented, and perpetuated, by the banks themselves to suck us in to the system so that we could be fleeced to an even greater extent in the future.

And £15 a month would mean that people on the minimum wage would be working for three hours every week just to pay the bank so they can get at their own money.

Cameron has been bleating about how he has given pensioners another £5 a week, well that would be gone straight away.

The banks have us all bent over a barrel to make it easier to shaft us.