Monday 30 April 2018

To Cap It All

John McDonnell has today announced that Labour would cap the total amount that could be charged in fees and interest payments on all overdraft accounts. 

Time was, and it was not very long ago at all, when Theresa May used to announce things like that. The problem was, and is, that she has still yet to do any of them, despite being, at least nominally, the Prime Minister.

Jeremy Corbyn has been disappointing is some ways, by no means all of them minor. But Theresa May has been far, far more so. And John McDonnell has today announced that Labour would cap the total amount that could be charged in fees and interest payments on all overdraft accounts.

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