[Chrysalis]

saaf I somewhat agree with you.

I predict an out of court settlement something like this.

Future charges at around £12 fixed fee.
Excess charges prior to now to be paid out without court but not automatically consumer has to make claim with the bank.
Additional bank charges to be created to make up for lost revenue, possibilities are atm charges, monthly banking fees for everyone (although likely to be waived for the rich), less favourable interest rates on both credit and overdrafts.

I already pay my bank a monthly fee, this gives me my overdraft limit and debit card, other banks have turned me down for a debit card so I just carry on paying it I am saying this to point out the 'free banking' that keeps coming up is not a reality for many people but more a smoke and screen illusion that banking is free when it isnt.