OFT launches review of personal current account market – The Office of Fair Trading
The Office of Fair Trading has today launched a review of the personal current account market and outlined a longer term programme of work aimed at addressing competition concerns and a lack of customer focus across the wider retail banking market.
The personal current account review will seek to establish how the market has evolved since the OFT’s market study in 2008. It will look at whether initiatives agreed by the OFT with banks have been successful at improving the switching process, increasing the transparency of personal current account charges and allowing people to manage their accounts more effectively.
via OFT launches review of personal current account market – The Office of Fair Trading.

