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Santander: Free business banking for ever, sorry, not any more
About 230,000 small businesses that bank with Santander have been told that their accounts, supposedly free for ever, will now cost £7.50 a month.
The bank has been sending letters to the customers giving advance warning of the change, which will come into effect later this year.
Santander says the old accounts are "no longer viable".
Barry Daniels, who runs a small wedding car business from the village of Curdridge near Southampton, is not happy at all.
"I was shocked and horrified - I thought the free banking was for ever, as promised," he says.
source/full story: bbc.co.uk/news/business-19012945