Posts Tagged legal

Banks’ victory in Supreme Court spurs Foxtons to fight fees ruling – Times Online

Posted by UFBC on Wednesday, 23 December, 2009

Foxtons is to appeal against a High Court ruling that millions of pounds of fees it has charged landlords are unfair, after the banks’ overdraft charges victory gave the estate agent hope that it could win a renewed legal battle against the Office …

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Banks’ victory in Supreme Court spurs Foxtons to fight fees ruling – Times Online


OFT vows to continue battle for fairer bank charges despite blow – Scotsman

Posted by UFBC on Tuesday, 22 December, 2009

THE Office of Fair Trading yesterday pledged to continue its fight with banks despite giving up its legal battle on unauthorised overdraft charges. The trading watchdog said it would not be taking any further legal action against the banks over the …

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OFT vows to continue battle for fairer bank charges despite blow – Scotsman


OFT gives up unfair bank charges fight – The Guardian

Posted by UFBC on Tuesday, 22 December, 2009

Martin Lewis has promised to continue the fight against bank overdraft charges after the Office of Fair Trading abandoned its action. Photograph: Katherine Rose Banks will no longer face a legal challenge over their use of punitive overdraft charges …

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OFT gives up unfair bank charges fight – The Guardian


Q&A: Bank charges – The Guardian

Posted by UFBC on Tuesday, 22 December, 2009

The OFT today announced it was abandoning its legal fight against Britain’s banking sector over unauthorised overdraft charges, after the supreme court ruled in favour of the banks last month. Millions of bank customers and consumer groups had been …

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Q&A: Bank charges – The Guardian


Lawyer: Bank charges legal challenge still possible – Politics.co.uk

Posted by UFBC on Tuesday, 22 December, 2009

Mike Dailly of Govan’s Law Centre comments on the Today programme about the Office of Fair Trading’s (OFT) decision to stop its legal pursuit against overdraft bank charges: “This is a very dark day for consumers in the UK. Effectively the OFT has …

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Lawyer: Bank charges legal challenge still possible – Politics.co.uk


OFT and bank charges – Politics.co.uk

Posted by UFBC on Tuesday, 22 December, 2009

After two years of legal struggles, the Office of Fair Trading (OFT) has given up its attempt to force banks to give up overdraft charges on current accounts through the courts. Its decision came after the supreme court ruled on November 25th that …

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OFT and bank charges – Politics.co.uk


Bank charges test case dropped by regulator – BBC Business

Posted by UFBC on Tuesday, 22 December, 2009

However, this saga has exposed a big hole in the UK’s consumer laws. The OFT thinks both the scale of bank charges and the way they are levied is unfair. But it has found it has no legal powers to do anything about them. The OFT said the charges were …

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Bank charges test case dropped by regulator – BBC Business


Bank charges case dropped by consumer watchdog – The Guardian

Posted by UFBC on Tuesday, 22 December, 2009

The Office for Fair Trading has abandoned its legal fight against Britain’s banking sector over unauthorised overdraft charges, after losing its landmark test case at the supreme court last month . The watchdog admitted this morning there was only a …

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Bank charges case dropped by consumer watchdog – The Guardian


OFT admits defeat on bank charges – This is Money

Posted by UFBC on Tuesday, 22 December, 2009

The Office of Fair Trading has ended its legal battle to tackle bank charges , despite its belief that the charges remain unfair to customers. Shock: Last months bank charges decision was unexpected. The OFT finally admitted defeat in the battle over …

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OFT admits defeat on bank charges – This is Money


Regulator decides on bank overdraft charges test case – BBC Business

Posted by UFBC on Monday, 21 December, 2009

… test case in July 2007, to decide if the OFT had the powers to rule on the fairness of bank charges. A consumer campaign on the issue had led to hundreds of thousands of complaints which threatened to swamp the UK legal system. But after the …

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Regulator decides on bank overdraft charges test case – BBC Business