APPG calls on The FCA to suspend the imminent change to overdraft rules

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The All-Party Parliamentary Group (APPG) on Fair Business Banking has called on the Financial Conduct Authority (FCA) to suspend an imminent change to overdraft rules - which will see some interest rates on overdrafts increase tenfold from April 2020 - to help businesses and families that use overdraft facilities to weather financial difficulties caused by the coronavirus crisis.


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