OFT

Consumers are losing £450 million a year because the Office of Fair Trading (OFT) does not have the resources or powers to offer enough protection from unscrupulous credit firms, the public spending watchdog has found.

Traders may be misleading consumers by not making it clear they have signed up to regular card payments, or that these can be cancelled, the Office of Fair Trading says.

Eight of the UK's biggest supermarket chains have agreed to fairer pricing policies, including not inflating prices to make a later discount look attractive. However, Asda is stalling.

Ryanair passengers face yet another charge for the privilege of booking from later this week.

Consumers could have better protection from rogue payday loan firms, if a revised code of practice which comes into force today actually works.

The OFT has opened formal investigations into several payday lenders over aggressive debt collection practices. 

Ryanair passengers will soon no longer be able to escape its admin fees levied when booking flights, making its £6 each-way charges completely unavoidable, MoneySavingExpert.com can reveal.

Dozens of the UK's largest online stores have been warned to bring their websites up to scratch so they comply with consumer protection laws, or face action.

The motor insurance industry is to face a full-blown investigation after competition watchdogs said the market wasn't working for consumers and found premiums were being pushed up by £225 million a year.

Shoppers with gift cards or vouchers for JJB Sports should use them as soon as they can, after the firm announced plans to appoint administrators.