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Published: 05/12/07

Moving accounts from one bank to another is "simple", according to the British Bankers' AssociationThe value of Christmas presents can "significantly" have an effect on home contents insurance, warns NFU MutualAxa is launching My financial plan Day on November 21st in an attempt to encourage populace to take control of their financesFree banking facilities in the UK could finish up being withdrawn if regulatory bodies continue to criticise banks, an industry corpse has warned

Angela Knight, chief executive of the British Bankers' friendship (BBA) said banks in the UK provided many services, such as standing instructions, for free in contrast to their European counterpartsSpeaking to the nowadays programme in response to allegations that banks are ripping off customers with punishment charges, she said that such charges were part of a "fragile" business model and that any additional regulation could be bad for clientele"There are always penalty of change," Ms Knight said "If the regulators do just take a very narrow sight and they start to attempt and change the business model then clearly there are going to be penalty

"This morning's bank charges debate was sparked by a evidence profits announcement from Barclays, which said it made more than £7 billion last year, up 35 per

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