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News Tag: ruling

May 18, 2010

BA successful in High Court, strikes cancelled

by Kay Murchie
’BA
Passengers will breathe a sigh of relief this morning after British Airways (BA) was successful in preventing the latest series of strikes by its cabin crew staff. The Unite union had announced that cabin crew would strike for four separate five-day strikes in May and June - the first strike was due to start today. The four separate five-day strikes ...



December 22, 2009

OFT scraps plans to take further court action against banks

by Kay Murchie
”OFT
Consumer watchdog, the Office of Fair Trading (OFT), has announced it is to abandon plans to take further legal action against banks regarding unauthorised overdraft charges. At the end of last month, the Supreme Court ruled in favour of the banks over the fairness of the charges. The test case originally commenced in July 2007 after it was discovered ...



December 17, 2009

British Airways wins High Court injunction, strike cancelled

by Kay Murchie
”British
The 12-day strike planned by British Airways (BA) cabin crew over Christmas has been averted after it was declared illegal in a High Court ruling. The ruling will be welcomed by thousands of passengers who were planning to fly over the festive period. Mrs Justice Laura Cox ruled that the cabin crew's union, Unite, had not correctly included the votes ...



December 2, 2009

Bank of Japan not ruling out other stimulus measures

by Kay Murchie
Bank of Japan not ruling out other stimulus measures
It emerged yesterday that Japan’s central bank had injected 10 trillion yen (£70 billion, $114 billion) in liquidity into financial markets to cement the recovery of the world’s second largest economy. In a statement, the Bank said the emergency fiscal measures would “firmly support Japan’s economic developments toward recovery”. However, the stimulus measures were criticised by some as not sufficient ...



November 25, 2009

Banks win legal battle over unauthorised charges

by Kay Murchie
”Banks
The Supreme Court has today ruled in favour of the banks over the fairness of unauthorised overdraft charges. The legal battle, which has been ongoing since July 2007, will come as a devastating blow to consumer groups who have been campaigning for many years about the charges, which they deem to be unfair. However, Lord Phillips, president of the Supreme Court said: ...



September 25, 2009

High Court rules workers can be forced to retire at 65

by Kay Murchie
High Court rules workers can be forced to retire at 65
A High Court judge has today ruled that employers are still able to dismiss workers when they reach the age of 65. Currently, the law means that a British worker can have their employment terminated at the age of 65 without redundancy payments - even if they do not want to retire. Furthermore, an employer can ...



March 25, 2009

Mortgage mis-selling case could impact on repossession

by Gill Montia
Mortgage mis-selling case could impact on repossession
The Guardian has reported on a case in which the Financial Ombudsman Service (FOS) has ruled that a previous homeowner, whose property has been repossessed by their lender, was mis-sold their mortgage in the first place. According to the newspaper, the ruling could set a precedent that would prevent repossession where it can be shown that a mortgage has been mis-sold. The ...



November 11, 2008

High Court ruling increases risk of repossession

by Gill Montia
High Court ruling increases risk of repossession
A recent High Court ruling means that lenders can, in theory, repossess a home without a court order once only two mortgage payments have been missed. The ruling has led to an outcry among legal professionals and politicians, who are demanding better protection for homeowners. The case involved a buy-to-let mortgage provided by GMAC-RFC and was heard by Mr Justice Briggs, who ...