“More competition is needed among providers of current accounts, the Office of Fair Trading said on Friday after finding the major banks had increased their dominance in the £9bn market. The OFT said ‘significant further’ changes were required as it warned that the market was not ‘working well for consumers or the wider economy’but decided against a full referral to the Competition Commission. It will conduct another review in 2015.”
The Guardian, 25th January 2013
Source: www.guardian.co.uk
