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Last Updated: Friday, 18 May 2007, 11:28 GMT 12:28 UK
Lloyds bank charges victory
Lloyds TSB sign
BBC Radio 4's Money Box
Saturday, 19 May at 1204 BST On Radio 4 and Online

Lloyds TSB has become the first bank to win in court after being sued by a customer for imposing supposedly unfair penalty charges.

District Judge Cooke, at Birmingham County Court, dismissed a claim for 2,545 from Kevin Berwick. He found that the fees Mr Berwick paid were not penalties, but were fees for the bank's service.

What does this rejection mean for others trying to reclaim bank charges?

Bob Howard reported, with reaction from Marc Gander of the Consumer Action Group and Tony Boorman, principal ombudsman at the Financial Ombudsman Service.

Further information:

New paternity rights

Baby's feet
New rights could benefit parents of babies due from April 2009.

Plans to enable fathers to take extended paternity leave are moving forward but still proving controversial.

Parents could benefit from the flexibility to divide a period of paid leave between them, giving fathers the opportunity to take up to 26 weeks Additional Paternity Leave to care for their child if certain conditions are met, including the mother returning to work.

The government also intends to make additional leave and pay available to partners and civil partners of mothers and members of adopting couples who meet the eligibility criteria.

We spoke to the government minister responsible for employment relations, Jim Fitzpatrick MP, and heard concerns from Stephen Alambritis from the Federation of Small Businesses.

Further information:


PayPal logo
Paypal will relocate to Luxembourg on 2 July 2007

A third of all adults in the UK - around 15 million people - now have a PayPal account. That is an account primarily used to buy and sell online.

Customers are currently protected by the Financial Services Authority which regulates PayPal and also have the right to complain to the Financial Ombudsman.

Now the PayPal headquarters is moving to Luxembourg it will no longer be regulated by the FSA.

Money Box asked PayPal spokesman Carl Olav Scheible how the move will affect UK customers and their consumer protection.

Further information:

Eurotunnel shares

Eurotunnel train
Eurotunnel has debts of 6.2bn

The future of Eurotunnel is hanging in the balance and shareholders must decide whether to accept a restructuring offer which will prevent the company from going into liquidation.

Fifty percent of shareholders have to accept the deal by Monday, 21 May 2007, or risk losing their investment.

But some investors, called "foundation" holders, who bought shares in Eurotunnel in 1987 are furious that their travel perks are being cut back as part of the restructuring deal.

We spoke to Justin Urquhart Stewart of Seven Investment Management.

Further information:

BBC Radio 4's Money Box was broadcast on Saturday, 19 May 2007 at 1204 BST.

The programme was repeated on Sunday, 20 May 2007 at 2102 BST.

Money Box



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