Lib Dems Shadow Chancellor Vince Cable has tabled an early day motion in Parliament this week calling on banks and building societies to refund 'unfair' overdraft charges.
MoneySavingExpert.com has today arranged for a top barrister, Ray Cox QC, to redraft its bank charges template letters to help breathe life back into the reclaiming campaign.
MoneySavingExpert.com is at the final stages of hiring a top QC to see whether there’s hope in the bank charges case, so I wanted to lay out the provisional legal arguments....
The bank charges reclaiming campaign is not over despite the blow of the Supreme Court ruling in favour of current account providers in the landmark test case.
It's the question we've been waiting years to know the answer to: whether excessive overdraft fees of up to £35 a time for slipping overlimit can be deemed fair by law.
24 November 2009
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