Unfair Bank Charges UK » supreme

Consumers win back £284m over mis-selling – This is Money

UFBC — Wed, 12 May 2010 08:27:46 +0000

This flood was created by the end of a waiver that had allowed banks to put on hold all bank charges complaints. When the waiver was removed after a Supreme Court decision, banks became obliged to deal with the complaints they had already received.

Cash Isa rates show why loyalty doesn’t pay – Daily Telegraph

UFBC — Fri, 02 Apr 2010 11:02:00 +0000

… short supply and criteria are tight; interest rates on personal loans, credit cards and overdrafts have increased; the banks won their Supreme Court case against the OFT on bank charges and the subsequent report into bank fees was lukewarm.

Bank overdraft charges face new legal attack – BBC Business

UFBC — Mon, 22 Feb 2010 15:30:00 +0000

In November, the Supreme Court ruled that the scale of bank charges could not be challenged as unfair under consumer contract rules. But a client of the Govan Law Centre has won the right to challenge the Bank of Scotland’s overdraft charges under …

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Bank overdraft charges face new legal attack – BBC Business

Banks’ fees victory spurs Foxtons appeal – report – Euro News

UFBC — Thu, 24 Dec 2009 02:15:00 +0000

The paper said the decision was taken after Britain’s consumer watchdog, the Office of Fair Trading, dropped its case against retail lenders over bank charges, giving new hope that an … In November the UK Supreme Court ruled against the watchdog …

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Banks’ fees victory spurs Foxtons appeal – report – Euro News

Banks’ fees victory spurs Foxtons appeal – report – Reuters UK

UFBC — Thu, 24 Dec 2009 01:47:00 +0000

The Office of Fair Trading took action against Foxtons in 2008 after it received complaints from landlords about hidden fees. The High Court ruled in July that the estate agent’s terms had to be flagged prominently. In November the UK Supreme Court …

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Banks’ fees victory spurs Foxtons appeal – report – Reuters UK

Bank charges challenge is dropped by regulator – BBC Business

UFBC — Tue, 22 Dec 2009 15:47:00 +0000

The Office of Fair Trading (OFT) has decided to drop its investigation into the fairness of bank overdraft charges. It follows last month’s Supreme Court ruling that the OFT could not use part of the unfair contract regulations to decide if bank …

Q&A: Bank charges – The Guardian

UFBC — Tue, 22 Dec 2009 12:55:00 +0000

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

OFT drops bank charges investigation – In the News

UFBC — Tue, 22 Dec 2009 12:19:00 +0000

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

OFT drops bank charges investigation – MyFinances.co.uk

UFBC — Tue, 22 Dec 2009 11:07:00 +0000

The Office of Fair Trading (OFT) has dropped its investigation into unauthorised bank charges, it has announced today. The move comes following the OFT’s defeat at the Supreme Court last month. The test case ruled the organisation could not use …

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OFT drops bank charges investigation – MyFinances.co.uk

Q&A: Bank overdraft charges – BBC Business

UFBC — Tue, 22 Dec 2009 11:00:00 +0000

After nearly three years of trying to use the law to attack the scale of bank charges, the OFT has thrown in the towel. Last month, the Supreme Court told the OFT that it could not use part of the 1999 Unfair Terms in Consumer Contract Regulations to …

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Q&A: Bank overdraft charges – BBC Business