Fee-free bank accounts revealed by Treasury
A new fee-free template for basic UK bank accounts has been revealed by the Treasury after a deal with major banks.
The free accounts will be offered by high street banks by the end of next year.
They are aimed at people who have struggled to get a current account because of financial problems and will let them make payments and deposits, but will not allow overdrafts.
Joe Lynam reports.
15 Dec 2014