So we aren’t going to have to pay to use cash machines to make up for banks having to pay back overdraft fees.

That sounds good to me because I am a self righteous type who has never (once I think & they waived the charges) had an unauthorised overdraft. I could rant (and probably have) about how it is wrong for those of us who manage our money sensibly to pay for the careless who don’t but I have heard about the other side of this.

I expect I was ranting about it when someone I was with said that they had struggled for sometime to get out of debt and they felt the bank deliberately targeted them, bunging on fees at the end of the month that just took them into the red and then charging huge fees because they were in the red.

So I don’t know, society seems more prepared to help those in debt than those losing savings, giving no incentive to be careful but the robbing (or charging) the poor to pay the rich can’t be right either.