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  • 5corpio
    started a blog post England flooding: Why insurance may not cover damage

    England flooding: Why insurance may not cover damage

    As a business owner, it is the worst kind of double-whammy - first flood waters pour through the premises, and then the insurance does not cover the cost of starting over again. Pam Webb told the BBC that her spa in Fishlake, near Doncaster, was once covered for such a situation, but not anymore. "I...
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  • 5corpio
    started a blog post Banks disagree on how to pay for fraud refunds

    Banks disagree on how to pay for fraud refunds

    The UK's banks have disagreed on how to pay for refunds to customers who have been tricked into transferring money to sophisticated fraudsters. A temporary agreement has been in place since May, making it easier for victims of so-called authorised push payment (APP) fraud to get money back. Now it has...
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  • 5corpio
    started a blog post Currys PC World customers scammed via eBay

    Currys PC World customers scammed via eBay

    Fraudsters have stolen thousands of pounds from Currys PC World customers after hijacking the retailer's eBay account. Criminals were able to change payment details on a number of eBay listings, including for the iPhone 11. This enabled them to siphon money from unwitting customers who paid for goods...
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  • 5corpio
    started a blog post QuickQuid victims promised 'easy' compensation scheme

    QuickQuid victims promised 'easy' compensation scheme

    Borrowers who believe they were mis-sold a loan by collapsed payday lender QuickQuid will need to apply for compensation via an online portal. The company's administrators, Grant Thornton, will run the system and have promised it will be "quick and easy". The portal is not yet live, but is...
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  • 5corpio
    started a blog post Biggest payday lender QuickQuid on brink of collapse

    Biggest payday lender QuickQuid on brink of collapse

    Britain's biggest-remaining payday lender is on the verge of collapse, accelerating the demise of consumer finance providers in the wake of a regulatory crackdown. Sky News has learnt that CashEuroNet UK, which trades under the QuickQuid brand, could be placed into administration within a matter of...
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  • 5corpio
    started a blog post WeWork warns of job cuts after Softbank rescue

    WeWork warns of job cuts after Softbank rescue

    WeWork leaders have warned staff to expect major job cuts after a shake-up at the struggling co-working company. Softbank, the firm's biggest outside investor, has agreed to invest billions in the firm after the collapse of WeWork's flotation plans and ouster of co-founder Adam Neumann. Its chief operating...
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  • 5corpio
    started a blog post Britain's cyber-defence cARD fRAUD

    Britain's cyber-defence cARD fRAUD

    Britain's cyber-defence centre has thwarted more than one million cases of suspected payment card fraud in the last year, its annual review reveals. The National Cyber Security Centre (NCSC) said a dedicated anti-fraud effort stopped the cards being abused. It said it had stopped more than 1,800 cyber-attacks...
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  • 5corpio
    started a blog post RBS slumps to loss after 900m hit from PPI

    RBS slumps to loss after 900m hit from PPI

    Royal Bank of Scotland has swung to a loss in the third quarter after taking a hit from the cost of payment protection insurance. The Edinburgh-based bank, in which the government owns a 62% stake, added its investment bank had a "particularly challenging" three months. It reported a pre-tax...
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  • 5corpio
    started a blog post Raphaels Bank to shut all savings accounts in 60 days

    Raphaels Bank to shut all savings accounts in 60 days

    handing back 99m in deposits - where should savers head next?

    • The bank has been around 1787 but has struggled in recent years
    • It has already sold off its loan book and its owner has tried to sell the bank
    • In a statement on its website it said it has given depositors 60 days notice to find somewhere
    ...
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