No sh*t Sherlock: BBC reports bank charges 'crippling the vulnerable'

Just so you know: this page was imported from my old blog. Some pages were rather mangled in the process; my apologies if things don't quite look right.

The BBC has run a 'Let's state the obvious' story today, as the National Consumer Council says the hidden costs of "free banking" should be investigated.

Obviously, though, it can only be a good thing that these issues are being highlighted - students are among the most vulnerable group of people who can be hit with repeated charges, and their limited income, usually in Student Loan chunks, means banks can expect to be able to hit students with numerous charges as students' loan money runs out, safe in the knowledge that further loan payments will be coming soon to cover these amounts.

In my second year at Uni, my account ran almost


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