OFT review lifts Yell Group The OFT said on Thursday it would re-examine a set of commitments Yell signed up to in 2007, including one to ratchet up the price of classified advertising below the rate of inflation. Its decision could offer a much-needed boost to the troubled business, which saw shares tumble 17pc on Tuesday after its third-quarter print revenues dropped off even more sharply than expected. Turnover at its print operations fell by 22pc year on year to £269.8m. The 2007 undertakings have their roots in a number of rulings dating back to the mid-1990s, when Yellow Pages had a near monopoly, and were designed to prevent it from abusing that position. However, the measures now appear draconian. Yell has struggled to evolve from being a traditional publisher to a digital services company, but still relies on its rapidly-dwindling print business for 92pc of its revenues. It has also been hit by the cyclical downturn in the advertising market. Shares in Yell Group climbed nearly 10pc to close at 4.68p. It said it "welcomed" the move.