£10 Billion of Rip-off Overdraft Charges Won't be Refunded

Banks will be able to keep £10billion from rip-off overdraft charges after the Office of Fair Trading abandoned a legal challenge yesterday.
Millions of customers have been hit by the charges, with some forced to pay hundreds of pounds just for going a few pence into the red.
But the watchdog has decided it can no longer pursue its claim that the fees are unfair after a surprise Supreme Court ruling last month that sided with the banks.'

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