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Nice Bit in the Pre Budget Report


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On 25 November, the Supreme Court ruled that the OFT could not assess the fairness

 

 

 

of bank charges for people who are overdrawn. The Government recognises that this

 

outcome was disappointing for many consumers and is clear that the charging structure of

the banks needs to change in the future. The Government will work with consumer groups,

the OFT and the banks in order to agree a new framework that will make bank charges fairer,

simpler and more transparent in the future. The Government will take action to deliver

 

 

change if a voluntary approach does not result in a fair outcome for consumers.

 

 

Nice piece in Mr Darlings Pre Budget Report......

 

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How much can the present government achieve in 6 months? Not much, I fear.

 

And the next lot will more than likely take the opinion that it's certain people's fault that they get into unauthorized overdrafts in the first place.

 

Bornich

 

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