Millions on account holders with RBS who have been expecting the transfer of their accounts into the hands of Santander will be surprised to learn today that the deal is off. I have been a RBS account holder for decades so I know how they feel. I was one of the account holders who was told the account was being given over to Santander. Not something I wanted and whilst I know I could decide to move my account quite frankly changing a current account is such a hassle I decided to sit tight. So for the moment actually I, and I suspect many others, will be quietly relieved. Unfortunately, RBS are still need to try and sell hundreds of branches by the end of next year so millions of RBS account holders could still find themselves under the wing of another a bank.
These customers may well ask why? Why should RBS be forced to sell off some branches. There is hardly a demand for it. Well it is all down to the rules of the European Union. When the NatWest and RBS were bailed out by the Government the EU decided to intervene and say that if our Government were going to help one of our Banks they were going to intervene and tell us – or rather tell RBS – what to do. Yet another reason why I believe we would be better off out. Why should the EU tell the Companies of this Country what to do? As usual with the EU there is no question of consulting the customers. Simply a case of do as we say.a
David Nuttall 
You may not remember, or not be bothered in light of some of your other actions and statements, but when you stood for election your manifesto said that you ‘would increase competition in the banking sector’.
This is the very reason that RBS is required to sell some of its branches. Do you now think that more competition is not needed ? It looks like it.
Your considered view on competition in high street banks would be appreciated. I believe that more choice would be welcome and that selling off parts of the giant banks would help. So does the Conservative Party.
I agree more competition is a good thing but I do not think it should be forced on UK by the European Union!
We are seeing more competeion with many of the supermarkets enering the sector and starting to offer banking products. Virgin Money have acquired parts of the Northern Rock Building Society and will result an another high street competitor.