Why the European Commission’s plans to regulate interchange fees will damage UK consumers

By Damon Gibbons The European Commission’s plans to regulate so-called ‘multilateral interchange fees’ could have major implications for the Government’s ability to successfully implement welfare reform and will negatively impact on financial inclusion efforts in the UK. The introduction of Universal Credit aims to incentivise claimants to return to work and achieve financial independence. A major change is the making […]

by · 3rd June 2013 · Blog