Co-operative urges people to switch for best current account

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Co-operative urges people to switch for best current account

A representative from the Co-operative Bank has noted that many people may be considering resolutions for 2011 and claimed switching current accounts could be one of them.

John Hughes, business leader for retail products at the company, suggested there could be significant savings to be made from changing providers.

He recognised that such a procedure can sometimes be seen as time-consuming but stressed that the Co-operative Bank has a team dedicated to making the alteration "simple and hassle-free".

Mr Hughes made his remarks after a list of some of the most significant switches of the year were highlighted by the company, with the formation of the coalition government proving to be the most important in the eyes of the public.

"2010 has been the year for switches and it's interesting to see how the list ranges from serious political issues to celebrity news and fashion trends," added Mr Hughes.

This month, the organisation revealed 70 per cent of Brits intended to make cutbacks over the Christmas period to save cash.

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