Jas Olak, Vice Chair, Leeds for Europe, Roundhay, Leeds.
The 1970s are often described by those old enough to remember as a ‘dread decade’. Endless strikes disrupted the economy. Britain was close to bankruptcy. Annual inflation peaked at 30 per cent and the pound seemed in permanent free fall.
Britain’s payment regulator has set out proposals to cap cross-border interchange fees charged by Mastercard and Visa after raising concerns that they have been hiked to “an unduly high level”.
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