The Office of Fair Trading (OFT) is investigating six furniture and carpet retailers who have been accused of misleading their customers with fake prices.

It is believed the six stores, which have not all been revealed, had advertised price cuts which were not genuine.

One firm that the OFT is looking into is Carpetright. The multichannel carpet retailer revealed in a statement that it received a letter from the Office of Fair Trading in respect of a consultation under Section 214 of the Enterprise Act 2002, relating to Carpetright’s pricing practices and consumer protection legislation.

Carpetright said in the statement that it “strives to operate fully within all laws and regulations at all times” and is “co-operating fully with the OFT and will respond to the letter in due course”.