OFT DROP bank charges case - leaks by sky news and sarah mccarthy-fry in advance ..

[Luminol]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Strange really, I feel nervous about the announcement tomorrow, same as the Court Judgement! hope its good news

[Mrleelee]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Have to agree, feeling really nervous about it...

Just can't help feeling that the OFT will think they've done enough already and not want to spend any more money on it... (hope I am wrong!!)

[michael]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Sky News are claiming on their Breaking News tickertape :

OFT will not pursue legal action against the banks regarding overdraft fees

[Luminol]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Office Of Fair Trading To Drop Case Against Banks Regarding Overdraft Fees | Business | Sky News

Under breaking news

[EXC]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Office Of Fair Trading To Drop Case Against Banks Regarding Overdraft Fees | Business | Sky News

[MrsSkint]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

How do they know?

[stewie082]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Scrap this message

[gjr1960]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

sky says oft not pursuing banks but now headline been removed

[EXC]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

On sky news they just said that the OFT lawyers felt that ''another challenge would be lengthy and likely fail''

I doubt whether they got this from the OFT or their counsel directly but if true it would have been leeked.

[Mrleelee]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Just as I thought, what a waste the OFT are.

I very much doubt Sky would have got this wrong, normally they are on the money.

[gjr1960]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

headline removed from sky website , still there on business nws but not being expanded has someone jumped the gun ?

[Luminol]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

This is what it now says:


Overdraft Fees: Case Against Banks Dropped


Banks will face no further legal action from the Office of Fair Trading (OFT) regarding their overdraft fees, Sky sources say.

The OFT lost a test case last month, when the Supreme Court ruled that banks were entitled to charge for unauthorised overdrafts.
However, the judges suggested the case could be brought to court again using a different legal argument.

Note the However thats appeared.

[stewie082]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

This just sucks! When will they ever listen!!! I wonder how many of the decision makers have ever had charges levied against them for a late payment or whatever....

Another sign of the toothless OFT and FSA running scared from the banks.

The BBA must be laughing themselves silly about now.

[Smasher]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Speechless..

[Mrleelee]

Re: OFT to make announcement DECEMBER 22nd - says Sarah McCarthy-Fry in unbriefed way

Lets not forget it's unconfirmed, but I doubt they'd put that out to be totally wrong.

Another attempt to derail the reclaimers. What a joke this country is. Every consumer website said the OFT HAD to carry on, and they just give up.