If memory serves, the fees UK banks were charging were outrageous compared to other EU countries. Only recently via government pressure have fees got more reaso

If memory serves, the fees UK banks were charging were outrageous compared to other EU countries. Only recently via government pressure have fees got more reasonable. Make no mistake, UK banks are also scum. The only time it works without regulation is when banks' interest align with customers, e.g. contactless payment. For the bank, less PIN exposure so less chance of compromise and liability. For customers, quick tap-to-pay. Win-win for once.