The press release says "OFT acts against payday lenders". This appears to be a slick way of saying they are doing nothing - at least not for now.
Officials found problems from top to bottom with this £2 billion pound sector, but won't do anything for at least three months.
More top news
Donald Trump's revised immigration ban targets the same seven Muslim majority countries listed in his original executive order, sources say.
People convicted of cruelty against animals should face much harsher prison sentences, some charities have claimed.
Theresa May has been warned by EU ministers that Britain's Brexit negotiators must be prepared to compromise or risk a "crash landing".