Banks win overdraft charges battle
High Street banks have won their appeal over unauthorised overdraft charges.
The Supreme Court ruled in favour of the seven major banks and a building society, which had challenged High Court and Court of Appeal decisions that the charges come under "unfair contract" rules and are therefore subject to regulation by the Office of Fair Trading.
The result was awaited by tens of thousands of customers whose refund claims have been frozen while the test case went through the courts.
Classifieds
Copyright and Trade Mark Notice © 2009 owned by or licensed to Trinity Mirror Southern Ltd. Ealing Gazette™ is a trade mark of Trinity Mirror Southern Ltd. Please read our Terms and Conditions and Privacy Statement before using this site.