Spanish bank hiking fee on 123 current account by 150%, from £2 to £5
Fee hike to start new banking war with customer exodus expected
Tesco Bank has decided to drop £5-a-month fee for current account

Spanish bank Santander stands accused of killing off Britain’s most popular account in a bid to rake in an extra £136million a year. This week, Santander announced it would hike the fee on its flagship 123 current account by 150 per cent - from £2 a month to £5. The account has lured 3.8million customers to Santander since its launch in 2012, largely attracted by cashback of up to 3 per cent on household bills......Read more here