OFT

Credit searches to be probed

Update: Tue, 22/12/2009 - 11:12

A group of MPs has called for an investigation into credit searches, amid evidence that borrowers are unfairly penalised by lenders when shopping around for credit cards and loans. Read more

Banks agree to highlight overdraft charges

Update: Wed, 07/10/2009 - 16:07

Banks have been ordered to make their current account costs more transparent and make it easier for customers to switch providers. Read more

Construction firms fined for price rigging

Update: Tue, 22/09/2009 - 09:56

More than 100 construction companies - including Balfour Beatty - have been fined a total of £129.5 million by the Office of Fair Trading for rigging bids for contracts. Read more

NatWest and RBS reduce overdraft fees

Update: Mon, 07/09/2009 - 16:12

NatWest and Royal Bank of Scotland have broken ranks with their banking peers by cutting the charges levied on customers who go overdrawn without permission. Read more

Overdraft charges battle goes to the Lords

Update: Tue, 23/06/2009 - 09:46

Victims of bank charges may find out if they can claim back their money this week, as the long-running test case into overdraft charges is heard by the House of Lords. Read more

Three banks focus of OFT investigation

Update: Tue, 07/04/2009 - 08:09

The Office of Fair Trading has announced it will focus on just three banks in its ongoing investigation into the fairness of overdraft fees. Read more

Bank charges battle could go to House of Lords

Update: Wed, 01/04/2009 - 16:31

Bank charge victims could have to wait even longer for compensation after the House of Lords gave banks the right to appeal a recent court decision that could have seen overdraft fees capped. Read more

Northern Rock cleared of competition concerns

Update: Wed, 11/03/2009 - 10:02

A report from the Office of Fair Trading has concluded that the nationalisation of Northern Rock did not damage competition in the financial services sector. Read more

Which? protests against bank charges outside the High Court

How to reclaim bank charges

Update: Fri, 04/12/2009 - 13:32

The bank charge test case continues to make headlines - find out whether you could claim money back and download our template letters to help you. Read more

Bank charge appeal thrown out of court

Update: Mon, 02/03/2009 - 11:38

An appeal by eight banks attempting to overturn a previous High Court verdict giving the OFT the right to decide if bank charges are fair or not has been quashed. Read more