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Money Box: Card Fee Cut

Card fee cut not being passed to consumers

30/01/2016

Card Fee Cut

BBC Radio 4 - Money Box, Card Fee Cut

There are complaints that cuts in credit card fees are not being passed on to consumers.

There are concerns that cuts in credit card fees that came into force in December 2015 are not being passed on to consumers.

Money Box has discovered that a reduction in credit card fees that was brought in last December is not being passed on to consumers. Bob Howard investigates and James Daley from Fairer Finance who led a supercomplaint against high fees gives us his response. 
The government has postponed a planned sell-off of Lloyds bank shares, blaming the delay on market volatility. Helal Miah from the Share Centre explains what it means for consumers.
And there's news of arrests in India following a cyber attack on Talk Talk's website last October.
Nuisance calls are a perennial problem for householders but are devices that promise to stop them any use? Mark Carter reports.
And as the Shadow Chancellor John McDonnell says he will publish his tax return in the name of transparency, we ask Jason Piper from ACCA and tax justice campaigner George Turner if anything would be achieved by MPs disclosing their tax affairs. 
Presenter: Ruth Alexander
Producer: Sonia Rothwell
Editor: Andrew Smith.

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