Lloyds TSB and RBS have been rebuked by MPs for penalising basic bank account holders - often financially vulnerable already - by limiting the cash machines they can use for 'relatively small' cost savings. A Treasury Select Committee report published today said customers who have basic bank accounts with Lloyds TSB and RBS are being wrongly penalised by not being able to use the cash machines of other banks. The two banks, which are both partly state-owned, have been urged by the MPs to reverse the restrictions which were first imposed last year. The Committee argue that the impact of the constraints hits the poorest hardest and for only small financial gain....Read more here