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WHISTLEBLOWER - Have the banks been lying to us?


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A former boss at LloydsTSB and Alliance& Leicester was on Matthew Banister's phone in show on Radio 5 this morning.

 

Bannister got him to admit, in as many words, that unlawful charges are being used to subsidise free banking for those accounts which stay in credit.

 

"So unlawful charges are being used to subsidise free banking for those accounts which stay in credit?"

 

"Yes, Matthew"

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