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Office of Fair Trading



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3Vote!

Lite’s out at Friday 13

The last issue of Associated Newspapers’ London Lite will be published on Friday November 13 according to The Guardian. After Richard Desmond (The Daily Express, the Daily Star) said he was thinking about a London evening free paper, London-i, in November 2004 the Evening Standard countered this with its own spoiler on December 14, 2004. The 48-page [...]

5Vote!

Unpaid fine by Threshers puts OFT in creditors' line

The Office of Fair Trading could be left with a shortfall of tens of millions of pounds following the collapse of Threshers making it one of the biggest losers from the collapse of the high street wine retailer.

4Vote!

Roll up, roll up, for the great bank sell-off

Early next year, a million Northern Rock savers and up to 200,000 borrowers will get a letter telling them their accounts will in future be with the "good bank" being split from the nationalised lender. The other 300,000 mortgage customers will be branded as "bad bank" clients, possibly because of arrears, but probably because Rock regards them as potentially risky.

4Vote!

Simon Read: No more chances for dodgy debt advisers

Debt management firms are facing a new crackdown by the Office of Fair Trading. Explaining the review which will examine the advertising and business practices of the firms Ray Watson, OFT director of consumer credit, said: "A recent increase in formal OFT enforcement action, rising complaints and new problems emerging in the market suggest that some businesses are still not meeting minimum standards."...

3Vote!

SMP’s call for OFT to review small business finance

Scottish MP’s are calling for the Office of Fair Trading to step in and help secure the future of hundreds of Scottish SME’s. Currently around 75% of Scottish SME’s hold bank accounts with Lloyds Banking Group and the Royal Bank of Scotland and MSP’s fear many SME’s could lose out in the future if the OFT [...]

5Vote!

Call for competition inquiry into banking services for Scottish SMEs

MSPs are pressing for a competition inquiry into small business banking in Scotland amid warnings that the restructuring of Royal Bank of Scotland and Lloyds Banking Group wil

3Vote!

Liverpool Local News: John Pugh blames beer ties for pub closures

THE government should call time on “beer ties”, says Southport MP John Pugh.

5Vote!

Foulkes leads fight against bank charges

LOTHIANS Labour MSP George Foulkes today stepped up the campaign against Halifax Bank of Scotland's new overdraft charges, which he claims will hit thousands of Scots in

7Vote!

Alternative Medicine and a Failure of Regulation

Back in July, I wrote three blog posts about claims made on the website of a food supplement manufacturer. As well as writing about their claims, I contacted the MHRA and Trading Standards. <!--break--> The first post pointed out that the firm were selling industrially-produced herbal remedies and making medicinal claims for them. I wrote to the MHRA, linking to the relevant page, and enquired...

5Vote!

A monopolies watchdog with nothing to chew

What’s going on at the Competition Commission? Er, not much. If the sale of Friends Reunited hadn’t been referred there, the watchdog would have only one case on its books by the end of November 2009. The dearth of deals has left the revamped Monopolies Commission with very little to do. And the same lack of [...]

3Vote!

ITV's Sale Of Friends Reunited Could Breach Competition Law

Genealogy Blog:- ITV was told today that it might not be allowed to sell Friends Reunited, even for a £145 million loss.

5Vote!

Friends Reunited reunited with ITV?

Regulator kicks deal into full investigation The Office of Fair Trading has sent the proposed takeover of Friends Reunited by DC Thomson to the Competition Commission.… Web threats: Why conventional protection doesn't work

5Vote!

OFT to investigate Brightsolid takeover of Friends Reunited

BRIGHTSOLID, the Dundee firm which bought Friends Reunited from ITV for £25 million, has expressed disappointment at the Office of Fair Trading's decision yesterday to ref

5Vote!

Probe into Friends Reunited sale

ITV's £25m sale of social networking website Friends Reunited is referred to the Competition Commission.

3Vote!

Now ITV's Friends sale could be scuppered

ITV's plans to sell Friends Reunited has hit more problems. The company was planning to sell to Brightsolid, a division of DC Thomson & Co, for around £25m.It planned to combine Friends reunited's family history site, Genes Reunited, with its own genealogy properties, 1911census.co.uk and FindMyPast.com. Unfortunately the regulator has stepped in and the FT reports that after investigating...