View recent press releases, speeches, and news items published by month.
The OFT has launched an extensive review of the payday lending sector. This is in part prompted by concerns that some payday lenders may be taking advantage of people in financial difficulty.
The OFT has announced that its Chief Executive, John Fingleton, is to step down later in 2012, after seven years in the role.
The Office of Fair Trading is launching a fact-finding review to understand more about the challenges facing consumers and businesses in remote communities across the UK.
Major UK electrical retailers have offered legal undertakings to improve the way the extended warranties market works. This follows the OFT market study, which highlighted competition concerns in the £1 billion per year market that could mean consumers are not getting the best value for money.
The OFT has referred the aggregates, cement and ready-mix concrete markets in Great Britain to the Competition Commission.
The OFT has opened an investigation under the Enterprise Act 2002 into a number of companies that operate gym and fitness club chains or who provide management services to gyms. The investigation is considering whether these companies are using or recommending unfair contract terms.
Supported by a short film accessible via Google Trueview, the aim is for the campaign to achieve 139,000 views and help shoppers to understand their rights under the Distance Selling Regulations. The consumer campaign will be accompanied by digital communications targeting companies which sell online encouraging them to visit the OFT's Distance Selling hub for advice and support on how to comply with the law and treating their customers fairly. The film can be accessed at www.youtube.com/oftwebeditor from 5 March. To visit the OFT's Distance Selling hub go to www.of.gov.uk/business-advice/treatingcustomersfairly/dshome