Millions of bank customers are today coming to terms with the shock revelation that banks have been doing what they are best at doing.
The manipulation of a key bank interest rate by Barclays and other banks was described by the Financial Services Authority (FSA) as 'another example of the industry's traditional service of cheating customers, building on the NatWest/RBS failure to process transactions.'
A spokeswoman for the British Bankers' Association said:
'We apologize to all those naive customers who, following our recent spate of apologies and promises to do better, may have been misled into thinking we might be embracing honestly and all that stuff.
'We hope that, following the FSA's report, customers are now reassured that our policy of duplicity, mendacity and bottomless greed remains unchanged.
'And, of course, we apologize for any inconvenience caused.'