The 'Bearded One' seems to like the business plan of charging all his customers monthly fees, even if its just for paying not via direct debit, or get your bill in paper format if you are with Virgin Media for broadband/phone. There is nothing wrong with companies wanting to make a profit, but my experience with Virgin is they want 100% profit and want no costs and try and get the customers to pay extra on top of what they are already paying. Now Branson has bought the 'good part' of Northern Rock (The losses have been made into another 'toxic' bank, that is a steaming vat of debt bubbling away.) he is planning on charging every customer £5 month, so £60 a year. As the French say ....Quelle Surpris!
The simple solution to avoid him helping himself to your hard earned money is to join the Co-op bank, 100% customer owned. That is exactly what Northern Rock used to be for decades when it was a great success, it was only when it demutualised did it a few years later become a financial basket case.
It's a new year, what better time to switch bank accounts to a company that does not pay millions to fat cats, but is run for the customers benefit.
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