BBC News
Launch consoleBBC NEWS CHANNEL
Last Updated: Friday, 27 April 2007, 11:42 GMT 12:42 UK
Watchdog probes cost of banking
Inside a bank, customers at tills
BBC Radio 4's Money Box
Saturday, 28 April at 1204 BST On Radio 4 and Online

The Office of Fair Trading (OFT) has launched its most comprehensive review into current accounts.

Running alongside the current investigation into overdraft charging, many say the announcement signals the end of free banking.

We spoke to OFT chief executive John Fingleton and British Bankers' Association chief executive Angela Knight.

Further information:


Inflation fears

A five and a ten pound note
A rate hike is widely expected after March's inflation jump

Leading UK economists have launched an attack on the Bank of England, accusing the Monetary Policy Committee of underestimating inflation.

And one of the critics has warned that interest rates may have to rise to over 7% to bring price increases down.

We heard some listeners' comments to our Have Your Say page on inflation and spoke to one of the critics, Professor Tim Congdon of the LSE.

Further information:


Airmiles

The view from a plane
Lloyds TSB says the new cards will give up to twice as many Airmiles

Around two million NatWest credit card holders are being told they will no longer be able to collect Airmiles from 1 June.

The company behind the reward scheme is trying to persuade them to apply for two credit cards with its new partner Lloyds TSB, promising they will be able to earn Airmiles twice as quickly.

Bob Howard has been checking if all the numbers add up.

Further information:


Cohabitation

A couple walking on the beach
More and more unmarried people are choosing to live together
A landmark ruling by the House of Lords this week will have significant consequences for two million unmarried cohabiting couples.

Jo Edwards from law firm Manches joined Money Box to discuss the wider implications of the case and gave practical advice on avoiding costly legal disputes.

Further information:


Payroll giving

A payslip
Donations can be made from pay before tax is deducted

A campaign launched by Oxfam has suggested that over £1bn could be coming charities' way if people were better informed about Payroll Giving.

It is the first appeal of its kind directly to the public and aims to raise take-up of giving directly from wages.

Money Box spoke to Cathy Ferrier, director of fundraising at Oxfam, and was joined by Alastair Collett of law firm Bircham Dyson Bell to talk about the most tax-efficient ways to donate to charity.

Further information:


OTHER NEWS

Cash windfalls of between £200 and £1,000 are on the cards for members of the Portman building society who have voted overwhelmingly to approve the merger with Nationwide.

Further information:


BBC Radio 4's Money Box was broadcast on Saturday, 28 April 2007 at 1204 BST.

The programme was repeated on Sunday, 29 April 2007 at 2102 BST.



SEE ALSO
External links and helplines
26 Apr 07 |  Moneybox


FEATURES, VIEWS, ANALYSIS
Bolivia's urban sprawl threatens water supplies
Writer Graham Johnson on the Kercher case
US and Russia down to detail on new nuclear treaty

PRODUCTS & SERVICES

banner watch listen bbc sport Americas Africa Europe Middle East South Asia Asia Pacific