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The OFT appear to have indicated that a desirable outcome of the PCA consultation would be to implement some of the Northern Ireland remedies with some modifications to Personal Current Accounts.
There is further progress being made with regards transparency and switching and the OFT is awaiting all responses to their Market study.
The OFT are holding monthly meetings with consumer groups and banks to discuss the issues raised in the Market Study and expect to announce a way forward/remedies after a board meeting in February 2009.
Northern Ireland remedies HERE - ummm if I could find the darn report lol hang on
Heres competition commission press report anyway http://www.competition-commission.or.../pdf/28-07.pdf
Ulster Bank response - http://www.competition-commission.go...lster_bank.pdf
There is further progress being made with regards transparency and switching and the OFT is awaiting all responses to their Market study.
The OFT are holding monthly meetings with consumer groups and banks to discuss the issues raised in the Market Study and expect to announce a way forward/remedies after a board meeting in February 2009.
Northern Ireland remedies HERE - ummm if I could find the darn report lol hang on
Heres competition commission press report anyway http://www.competition-commission.or.../pdf/28-07.pdf
Ulster Bank response - http://www.competition-commission.go...lster_bank.pdf
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