Worst press release about the hoL tmw ???

[Amethyst]

Banks face ‘unfair’ charges bill

Monday, 22nd June 2009
British banks could be facing a multi-billion pound bill, depending on the outcome of a House of Lords hearing into “unfair” bank charges, which begins this week. The case, which opens tomorrow in the upper chamber, will determine whether or not to overturn an Appeal Court decision ruling that seven banks which charged customers for going overdrawn should pay back the money. The Office of Fair Trading (OFT) is behind the legal bid to reclaim the fees, thought to be worth around £2bn a year to UK banks, following a long-running investigation into the charges beginning in 2003.

hmmmmmmm lol

any worse ones?

[TANZARELLI]

Re: Worst press release about the hoL tmw ???

LOL.................................

[Luminol]

Re: Worst press release about the hoL tmw ???

Banks to face Lords as charges farce case recommences

By Andy Dawson

A bank manager, yesterday.



The latest chapter in the ongoing saga that is the bank charges court case will be written from Tuesday onwards, as seven banks and a building society take what looks like a pointless and ridiculous appeal to the House Of Lords. They’re up against the Office Of Fair Trading, who say the amount of money banks charge customers for going overdrawn or bouncing cheques, up to £38 per charge, is unlawful.
The banks were in ruder health when the whole thing started back in 2003, and with the government currently in control of the RBS and Lloyds, we’re basically seeing two separate arms of government farcically trading blows with each other while the taxpayer looks on, wincing.
The flood of claims by bank customers was stopped in 2007 when the whole sorry farce took itself off to the courts, where the banks have repeatedly lost and then appealed to the next highest court. Don’t think for a minute that the House Of Lords will be their final port of call – there’s still Europe and the intergalactic court of King Zod from the Planet Zarjazz to come yet.
Meanhwhile, Which? are calling for all those involved to help out customers who are suffering financial hardship as a result of these brutal charges. If you can show that you’re struggling with basic living costs, your case against your bank can be fast-tracked.


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I think the court of king Zod sounds like a fair place

[natweststaffmember]

Re: Worst press release about the hoL tmw ???

Bank charges court battle moves to Lords | This is Money

last paragraph nonsense

[Amethyst]

Re: Worst press release about the hoL tmw ???

lol that planet zarjazz thing i sent bitterwallet a twitter about, thought it was hilarious (maybe i was in a funny mood)

[Amethyst]

Re: Worst press release about the hoL tmw ???

Bank charges court battle moves to Lords | This is Money

last paragraph nonsense

'Get it in after the judgment though and banks may not pay you any interest at all, just the principal amount.'



grrrrr does anyone read the waiver ?

[natweststaffmember]

Re: Worst press release about the hoL tmw ???

'Get it in after the judgment though and banks may not pay you any interest at all, just the principal amount.'



grrrrr does anyone read the waiver ?

I think reading and understanding appear to be two different things

[Jester]

Re: Worst press release about the hoL tmw ???

Never let the truth get in the way of a good story. That's the old saying aint it ? lol