It’s depressing, disappointing, but not a complete disaster. The Office of Fair Trading's (OFT) decision to drop the bank charges case is a blow, yet there are still other legal avenues.
The Office of Fair Trading (OFT) is expected to announce next Tuesday whether it will continue the fight to help bank charges victims reclaim their cash, following its Supreme Court defeat last month.
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 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....
27 November 2009
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