The Office of Fair Trading (OFT) has announced it is to drop its investigation into the use of bank overdraft charges. Last month the newly-created supreme court ruled the issue did not come under the OFT’s remit. The regulator said on Tuesday it …
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OFT drops bank charges investigation – In the News
The regulator’s decision, which follows a Supreme Court ruling that the issue does not come under its remit, will come as a blow to consumers hoping to claim back the charges. But the OFT said it still believed “fundamental changes” were needed to …
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Watchdog drops bank charges action – Metro.co.uk
