Consumers Form Mutual As Protection Against Banks

UK consumers announced today that they have formed a giant mutual finance and insurance fund to avoid ever having to rely on British banks again.

"For the same reason a bank wants to sell you something, you shouldn't buy it," warned about 30 million people.

A chap from the Midlands said, "We've had an overdraft, PPI, ID theft insurance, office computer finance, a mortgage and an investment product - "

"We've had enough!" about 17,000 people from Leeds interrupted.

The British Bankers Association said in a statement:

"In the interest of providing certainty for their customers, the banks and the BBA have decided that they do not intend to appeal."