it's nothing to do with interest. If you are a business and you have a say 500k overdraft, how much interest do you think you will be paying on that? well if you take 800k or more off your customers and stick it in your account you haven't got an overdraft have you, zero interest at the rate the criminals in the banks charge, so would you be in a hurry to return all that money??Nobody is making 'vast amounts' of interest on cash at the moment, typical business account pays around 0.05% at these days, or around £10 a week per million...
Wouldn't even cover Gibbo's petrol bill...![]()