John McDonnell calls for banks to shelve planned overdraft fee hike during coronavirus crisis

Tuesday, 24 March 2020 16:36

Labour's Shadow Chancellor John McDonnell has called on the UK’s major banks to halt plans to hike overdraft fees for millions of people. McDonnell said that banks must shelve the increase that is due to come into force in a few weeks, in light of the coronavirus crisis. John McDonnell MP, Labour's Shadow Chancellor, said: “Banks must put this on hold. This is a real kick in the teeth at this time when people are being laid off and struggling to get by.” Ends...Request free trial