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Originally Posted by BenMcr
Again, why are you talking about the £3 figure. It was a guess!!! A made up figure that came from nowhere. It was not based on anything.
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"We asked two professors of banking and a former NatWest executive to estimate the banks' costs. The
highest figure they concluded that banks could justify was £4.50 - much lower than what the banks currently charge."
http://news.bbc.co.uk/1/hi/business/6169539.stm
So, £3 = not too bad as guesses go.
