Is this the end of 'free' banking and who is winning the current account switching battle?

Is this the end of 'free' banking and who is winning the current account switching battle?

Murmurs from HSBC HQ this week warned that an overhaul of its business model could leave customers paying a monthly fee for their current accounts.

This week, Simon Lambert, Lee Boyce and Georgie Frost ask whether this is really a possibility, if banking actually is free anyway and what happens next.

We also look at who is winning the battle of current account switchers and whether people are just too loyal to their bank.

This weekend marks the end of the furlough scheme, replaced by something new – while other financial support is also changing, including free overdrafts and mortgage payment holidays.

What impact did the second wave fear and upcoming US election have on the stock market this week?

Bitcoin has seen a surge in price this week, what has behind its rise to the highest level since the crazy end of 2017?

And boilers – one reader has been told that their 28 year model is too ancient to service. Is this a fair call?

Follow us on Instagram @dmgnewmedia.

Follow us on TikTok @dmgnewmedia

Follow us on X @dmgnewmedia

Email us hello@dmgmedia.co.uk

Text us 020 7938 6000.


Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen Crane

Producer: Georgie Frost

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Episoder(659)

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3 Jul 48min

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1 Jul 15min

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Another one bites the dust. Sir Keir Starmer has resigned just two years in to being Prime Minister.This latest rotation of Britain's PM merry-go-round comes despite Starmer having done nothing partic...

26 Jun 42min

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Most families don't pay inheritance tax but those that do can get hit with huge bills running into hundreds of thousands of pounds.With pension pots soon to be included in calculations, this is going ...

19 Jun 49min

House prices vs inflation: The slow motion property slump

House prices vs inflation: The slow motion property slump

Follow us on Instagram @dmgnewmedia.Follow us on TikTok @dmgnewmediaFollow us on X @dmgnewmediaEmail us hello@dmgmedia.co.ukText us 020 7938 6000.Hosts: Georgie Frost, Simon Lambert, Lee Boyce, Helen...

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