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Post Office to offer current accounts
The Post Office is to offer current accounts in the UK, following a regulator's claim that the market offers little choice for consumers.
The new account, provided by Bank of Ireland, will be available in some areas in the coming weeks before a wider launch next year.
Few details have been released about the characteristics of the current account at this stage.
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The Post Office has not released details of the account yet. For example, it has not said how much interest would be paid, or whether there would be a charge for a packaged account.
http://www.bbc.co.uk/news/business-22094308
