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  • FIRST POST
    • MSE Guy
    • By MSE Guy 29th Jun 09, 11:17 AM
    • 1,628Posts
    • 1,255Thanks
    MSE Guy
    Bank charges victims made to wait for autumn ruling
    • #1
    • 29th Jun 09, 11:17 AM
    Bank charges victims made to wait for autumn ruling 29th Jun 09 at 11:17 AM
    This thread is to discuss the following news story:

Page 1
  • jos004
    • #2
    • 29th Jun 09, 11:34 AM
    • #2
    • 29th Jun 09, 11:34 AM
    Do we know which bank Baroness Hale had a go at last week, because she couldn't believe they didn't know, the general public were up in arms, over bank charges.
  • jimbean82
    • #3
    • 29th Jun 09, 11:56 AM
    • #3
    • 29th Jun 09, 11:56 AM
    damn they are dragging this out
    • Widelats
    • By Widelats 29th Jun 09, 12:22 PM
    • 3,640 Posts
    • 2,716 Thanks
    Widelats
    • #4
    • 29th Jun 09, 12:22 PM
    • #4
    • 29th Jun 09, 12:22 PM
    damn they are dragging this out
    Originally posted by jimbean82
    Too long, but a little more interest on top for us.

    Autumn it is then, but it looks like us customers are going to win.
    Owed out = lots.
  • natweststaffmember
    • #5
    • 29th Jun 09, 3:15 PM
    • #5
    • 29th Jun 09, 3:15 PM
    Why is this news???? OFT hoped for the end of July for a decision but most of us who follow the OFT test case were not thinking July but October.
    Another non story. I can help with the next one when you say that if the OFT win that there is an additional delay until the substantial issues are dealt with.
    I have not worked for NatWest Bank since February 2009

    This username is no longer active.
  • Nathan Spleen
    • #6
    • 29th Jun 09, 4:32 PM
    • #6
    • 29th Jun 09, 4:32 PM
    It is perfectly possible judgment could be handed down by 30 July. The Law Lords are well aware of the ''vast'' number of stayed cases awaiting guidance from the test case.

    The House of Lords hearing itself was fast-tracked and I wouldn't be surprised if the judgment was too, assuming it's not referred to Europe.
  • jarussell1966
    • #7
    • 1st Jul 09, 7:16 AM
    • #7
    • 1st Jul 09, 7:16 AM
    Too long, but a little more interest on top for us.

    Autumn it is then, but it looks like us customers are going to win.
    Originally posted by Widelats
    does this mean that if/when the ruling is in the favour of bank charge customers a re evaluation of interest to that date will have to be made, if so how far back can one claim as the previous claim made was 6 yrs back, this has now risen to a further 2 yrs approx
    Last edited by jarussell1966; 01-07-2009 at 7:19 AM.
    • Widelats
    • By Widelats 1st Jul 09, 10:06 AM
    • 3,640 Posts
    • 2,716 Thanks
    Widelats
    • #8
    • 1st Jul 09, 10:06 AM
    • #8
    • 1st Jul 09, 10:06 AM
    does this mean that if/when the ruling is in the favour of bank charge customers a re evaluation of interest to that date will have to be made, if so how far back can one claim as the previous claim made was 6 yrs back, this has now risen to a further 2 yrs approx
    Originally posted by jarussell1966
    Yes there is interest on the charges they took they will have to pay i think, also the money that they made from our charges might also be ordered to be shared amongst everyone too, though how they are going to sort that is another thing altogether as who can say what they made from charges alone??

    I am not sure about dates :confused: , i think they will be ordered to pay the 8 years though as its not your fault they wont pay you now.
    Owed out = lots.
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