Commission hears allegations of 'rip-off' bank charges

The UK Competition Commission is in Belfast today, taking evidence as part of an unprecedented investigation into alleged "rip-off" charges imposed on personal account holders by banks in the North.

The Big Four banks in the North – Ulster Bank, Northern Bank, First Trust and Bank of Ireland – are being investigated by the Commission following the submission of a "super-complaint" to the Office of Fair Trading by Which? And the Consumer Council.