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The Guardian - UK
The Guardian - UK
Business
Guy Clapperton

Paying for money

Financial website Moneyfacts has published some research confirming what a lot of people will already suspect - only a small minority of businesspeople believe their banks offer good value.

The Times has published a fairly extensive report on it, pointing out that a typical business account costs money from the minute you make a deposit onwards. A handful of banks are waking up to this - Abbey being the one with which I am most familiar - but a lot of people seem to be paying a lot more than would appear wise.

The odd thing the report highlights is that businesspeople are reluctant to change in spite of this perception that they are not being served well.

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