The level of switching bank providers is still low, the executive director of consumer group Which? has said. Richard Lloyd said:
Despite an increase in public awareness and confidence, switching levels are still low, suggesting that the new seven-day service is not the game-changer that can significantly increase competition in banking.
We're pleased the Government has responded to our calls to make banks release better data about current account running costs. If done properly this should help people more easily compare banks and find the best account for them, which will inject much needed competition into the market.
More top news
Coleen Rooney said she is trying to make her marriage to the footballer work as she addressed divorce rumours in a defiant Facebook post.
Women serving time at a prison in Rio de Janeiro have swapped their jail cells for the catwalk as they took part in a beauty pageant.
The Ballon d'Or winner has a love of horse racing but was never allowed to ride when he was playing football.