United Kingdom · Question · Written question
UIN 36662
Bank Services: Coronavirus
Original
Introduced
20 July 2021
Last action
26 July 2021 · Answer
Status
Answered
Sponsors
—
Subjects
Discovery layer
Source updated
26 July 2021
Summary
To ask the Chancellor of the Exchequer, what assessment he has made of the changes by the major banks to interest charges on personal overdrafts relative to levels before the covid-19 outbreak.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
20 July 2021
Written question
To ask the Chancellor of the Exchequer, what assessment he has made of the changes by the major banks to interest charges on personal overdrafts relative to levels before the covid-19 outbreak.
Source: Commons
26 July 2021
Answer
The pricing of financial products, including the interest rates charged on overdrafts, is a commercial decision for firms and the Government does not seek to intervene in, or make assessments of, such decisions. In April 2020, the Financial Conduct Author...
Source: Written answer
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Sponsors
- · Treasury · Answering body
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Sources
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- Official source: https://questions-statements.parliament.uk/written-questions/detail/2021-07-20/36662
- Open data entity: https://questions-statements-api.parliament.uk/api/writtenquestions/questions/1348698
- uk · wq-1348698 · source updated 26 July 2021