Independent Banking Advisory Service 

IBAS News 2000

IBAS comments, quotes, analysis, case studies and information which were provided and included in the National News articles between 2001 and 1998 show - The 'Headline' of the piece together with the name of the National Newspaper in which the article was printed and the date of the publication only. However, banking or consumer researchers will be able to access further information or the complete article direct from the source quoted for those articles.

News 2001   News 1999   News 1998

 

£88,000 - Our victory for Mortgage Shortfall Debtor - IBAS settle debt for just £1,000 - Mirror 27/09/00

 

Queuing at the complaints counter - New Statesman   18/09/00

 

Banks claw back millions from own staff's pensions - "They seem to be above the law in almost every way"  Express 04/09/00

 

Bank manager wins £100,000 compensation - "This sort of case will happen more and more"

Express 10/08/00

 

Watchdog to smash rip-off bank cartel - "Competition has been virtually non-existent" - Daily Mail 5/8/00

 

Bank feed on inertia - "Banks have taken the opportunity to make money while the Government has not brought in regulation" - FTyourmoney 4/8/00

 

Secret rules that let banks sneak in new cash charges - the ‘worrying’ rule amendments are designed to be introduced once the ‘heat is off’ - Express 1/8/00

 

Bank claim couple cry foul over court hearing - Since publishing the Weatherills story last month, The Times has been contacted by numerous small-business owners claming they have been unfairly treated by their banks (Times comment) - Times 31/7/00 (In business supplement)

 

Judge in Lloyds TSB case sells ‘embarrassing’ shares "I am sorry. It is my own fault for not checking before the case started" (Mr Justice Wright) - Guardian 27/7/00 (also Times, FT and Express)

 

£1m claim by couple over bank fraud - Telegraph 5/7/00 (also Mirror)

 

Test case to open floodgates - Express 4/7/00

 

David and Goliath battle that is making the banks nervous - Express 4/7/00 (also 6/7/00)

 

Big banks cave in on cash-point charges - "people were furious at the thought of having to pay to withdraw their own money" - Sun 4/7/00

 

Film to be made of legal Battle - Town Crier 29/6/00 (also Hunts Post)

 

Business Couple’s tale to hit the big screen - Times 26/6/00 (In business supplement and main paper)

 

Savers losing billions - "Banks disguise the real value of products and confuse customers" - FTyourmoney - 26/6/00

 

First book success - Cambridge Evening News - 26/6/00

 

Nat West ditches plans to charge rival customers - "The banks are finally having to bow to consumer will"

Daily Mail - 16/06/00

 

Beware of bank blunders plundering your profits - "The banks are overcharging in so many different ways

The Times - 10/06/00

 

Relief for thousands in home loan 'sting' - "This deal is scandalously inadequate" - Daily Mail - 07/06/00.  Further articles - Daily Mail 02/06/00 (fears for women at cash-points) and 09/06/00 (Launch of new Abbey National 'Cahoot' service)

 

Halifax abandons cash machine charges - "I am pleased that any bank should break ranks in this way"

Daily Mail - 24/5/00 - also Daily Express

 

Banks ignore overcharged customers - "The banks rule this Country, not the Treasury. The Government seems powerless" - Sunday Times 21/5/00

 

Scared Barclays boss hires guards - £16,000 a year to protect banks new chief executive. - Daily Express - 08/05/00

 

Ousted Nat West boss walks away with £3m - The bank's directors obviously considered him a liability - but £3m seems a pretty high price for getting rid of a failed chief executive" - Daily Mail - 04/05/00

 

Greedy beyond belief - Huge profits at Barclays  "While services are going down, their profits are up, up and up"

Daily Express 6/04/00 - also Daily Mail - 19/4/00

 

Money Advice - IBAS guidelines on borrowing from your bank - Daily Mirror - 05/04/00

 

Campaign for a £10bn windfall tax on the bank - "customers are unprotected - opens the way for a windfall tax, if not in the budget, then afterwards". - FT Your money - 20/03/00

 

Cashback rush to defy banks - "Customers are determined to get their revenge for the sheer greed of the banks"

Sunday People - 05/03/00

 

Watchdog puts banks on the spot - Small firms still receive poor service "Transparency of charges has always been a problem" - Financial Mail on Sunday - 05/03/00

 

Greedy Greedy Greedy - Cash-point Rip-offs "This proves banks are only in it for the money"

Daily Express 1/03/00 (also Daily Mail and Sun)

 

Scandal of bank charge rip-off - "Any extra costs will exclude more and more customers from banking. This is something this government does not want to see happen" - Daily Express - 25/02/00

 

Report spurs call for bank tax - "Windfall tax would penalise the bank and put the money into the public purse"

FT Money - 22/02/00

 

Revealed, true extent of greed at Barclays - "Charging fees is a very good and highly profitable area for them"

Daily Express - 21/02/00

 

Why you'll pay for 21,000 jobs axed by banks - "For the past 10 years banks have ripped off the customers as they have searched from profits and purged costs." - "These greedy banks should be hit by a windfall tax in a bid to repay the money they have obtained from their customers over the years" - Daily Express - 12/02/00

 

Nat West runs up white flag - "There are already relatively few banks that operate small business services, and Nat West and RBS merging would give the banks even greater control." - The Guardian -12/02/00

 

21,000 bank workers face the axe - the same day Lloyds bank announce £3.2bn profits - IBAS calls on Government to force the industry to "pay back some of their profits through a windfall tax" - Daily Mail - 12/02/00

 

Nat West loses, but who wins ? - "We are seeing the death throes of the banking system as we once knew it"

FT Money - 11/02/00

 

Bank launches counter-attack - Woolwich plans to end free banking are "quite outrageous - the will hit elderly and the hard-up" - FT Money - 2/02/00

 

What can On-line Banking Do For You ? - "The problem with most banks is that the costs are still high. Banks see the internet as something they can exploit, but are not ready to commit to it by cutting charges to the customers".

Working from Home Magazine - February 2000

 

Now you'll be charged if you pay money in - "This charge structure will penalise the poor" - Daily Express 31/01/00

 

Don't get mad - get busy - Fight financial injustice by starting your own campaign - The hard work and long hours can pay off - Observer - 30/01/00

 

Victory in our campaign on rip-off banks - "The bottom line is that customers should not have to pay to access their money" - Daily Express - 29/01/00

 

MP's act to halt bank's rip-off - More than 100 MP's back campaign -  Eddy Weatherill said "Every MP has been getting complaints for years. Now they are realising it is a massive national issue" - Daily Express 25/01/00

 

Taking the strain out of switching banks - "Cruickshank is asking to show how moving accounts can be speeded up. He doesn't want to see people who want to move their account stumble into more problems because it is too difficult".

Daily Express - 24/01/00

 

High Street rip-off merchants 'must be brought to account' - "Self regulation for banks has failed and simply acted as a screen for banks to boost profits" - Daily Express - 19/01/00

 

Savings rip-off costs charities £98m a year - Eddy Weatherill called the rates "criminal" and said "Financiers have a social duty to maximise returns for charity". - Daily Express - 17/01/00

 

Make accounts portable, says bank watchdog - "Banks have got away with murder for years by making things difficult to understand." - Daily Mail - 03/01/00

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Independent Banking Advisory Service (IBAS) is a national, independent, non-profit, unique specialist banking customer membership organization which resolves banking complaints and disputes and which has campaigned on UK Banking customer issues since 1992. We provide bank and banking assessment, analysis, bank comment and content for BBC TV News, ITV, Radio and national newspapers, keeping many serious banking issues 'alive' - see Bank News 2008