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Deficits from growing health care costs, government stimulus packages, bank and auto bailouts, and the wars in Iraq and Afghanistan are adding trillions to the national debt.
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What are packaged bank accounts?
Are packaged bank accounts "the next PPI"?
Around £257m is for other mis-selling, including of packaged bank accounts.
New complaints about packaged bank accounts more than doubled to 44,244.
Which is a bit like mis-selling a pension, or a packaged bank account, to yourself.
They are the latest Money readers to complain about an insurance product provided as part of packaged bank account.
For years I have written articles warning people against signing up for expensive packaged bank accounts, writes Money reporter Miles Brignall.
Jesus, she said, would not have agreed with what she called the redistribution of wealth in the form of the economic stimulus package, bank bailouts and welfare.
However, many of these firms have already switched their attention to "the next PPI": packaged bank accounts that charge a monthly fee for a range of benefits.
"We do not believe that future retail conduct redress, including relatively new issues such as packaged bank accounts, will come close to the scale of PPI," it added.
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