Office of Fair Trading - Gamlins Solicitors

Banks off the hook – but some customers win too

2 December 2009 by Gamlins Solicitors LLP

[vc_row][vc_column width=”1/1″][vc_column_text]The banking industry breathed a sigh of relief this week when the tide finally turned for them and the Supreme Court ruled in their favour in a test case on overdraft charges. However it could turn out to be in the public interest in the long run. Whilst it’s disappointing for the customers who … Read more

Banks can ‘ignore’ complaints until 2009

4 August 2008 by Gamlins Solicitors LLP

[vc_row][vc_column width=”1/1″][vc_column_text]City watchdog the Financial Services Authority (FSA) has announced that banks will be allowed to ‘ignore’ complaints about unauthorised charges until 26 January 2009. This comes just a week after the Office of Fair Trading (OFT) published a report showing that the UK’s high street banks make a total of £2.6 billion each year … Read more

The Unnecessary Costs of Fines

16 June 202327 March 2008 by Gamlins Solicitors LLP

Anyone who has been penalised for speeding or being late posting their tax return has suffered the consequences of a fine. Global software giant Microsoft has just been hit by a staggering pentalty of $1.4 billion (£680.9 million) for defying earlier sanctions imposed on it for anti-competitive behaviour. Last year similar fines were made against … Read more

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