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  • 5corpio
    started a blog post Brexit food stockpiling loan ad banned

    Brexit food stockpiling loan ad banned

    A financial services company has been ordered not to reuse an advert in which it tried to persuade people to take out a loan, in case they wanted to stockpile food because of Brexit. Cash On Go, trading as Peachy.co.uk, sent out an email saying, "it's a good idea to have a little stockpile ready."...
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  • 5corpio
    started a blog post Watchdogs 'need to prove they protect consumers'

    Watchdogs 'need to prove they protect consumers'

    Four major UK regulators need to do more to prove they are offering enough protection to those who need it, spending watchdog the NAO has said. Ofwat, Ofgem, Ofcom and the FCA understand the "significant difficulties" facing consumers. But they can't prove they are effectively responding to...
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  • unfit elderly motorists: Number of over-70s with driving licences revoked on medical grounds

    • Some 22,453 motorists 70+ had licences revoked in 2018 - up from 9,265 in 2010
    • Number of licences taken away for medical reasons has grown across all ages
    • For all ages, revoked licences increased 117% in the comparison over eight years
    • Road safety groups say more needs to be done to take unsafe
    ...
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  • 5corpio
    started a blog post smart meter forced by energy tariffs from the Big Six

    smart meter forced by energy tariffs from the Big Six

    You HAVE to get a smart meter for most of the top fixed energy tariffs from the Big Six - but we reveal the best deals that don't need one fitted

    • Many of the cheapest tariffs require a smart meter being fitted
    • Most smaller energy suppliers do not insist on the installation
    • We reveal the best
    ...
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  • 5corpio
    started a blog post Wonga: Fourfold rise in compensation claimant estimate

    Wonga: Fourfold rise in compensation claimant estimate

    More than 40,000 customers of former payday lender Wonga are seeking compensation with more expected to follow suit, administrators have said. The total is four times the previous estimate, accountants Grant Thornton said, although many will expect little in terms of redress. These customers have complained...
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  • 5corpio
    started a blog post Exit fee crackdown on investment fund supermarkets

    Exit fee crackdown on investment fund supermarkets

    Regulators say a ban or cap on exit fees would make it easier for investors to switch investment "platforms" - otherwise known as fund supermarkets. The fees, which can amount to hundreds of pounds, effectively tie investors to one provider, the Financial Conduct Authority (FCA) said. It has...
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  • End of the rent-to-own rip-off? City watchdog brings in price cap

    ......to protect thousands of vulnerable customers
    • New price cap will kick in on 1 April and should help vulnerable customers
    • FCA announced 100% total credit cap
    • There is also now requirement on firms to benchmark base prices
    A price cap which aims to protect vulnerable customers in the rent-to-own...
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  • Amigo shares fall after City watchdog launches industry-wide crackdown

    Shares in high-interest loan firm Amigo fell 3.9 per centafter the City watchdog launched an industry-wide crackdown. The company lends cash to customers with a poor credit record at 49.9 per cent interest. It uses a guarantor model where, if the borrower is unable to pay, then a friend or family member...
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  • 5corpio
    started a blog post HSBC fights back in £450m pension row

    HSBC fights back in £450m pension row

    HSBC faces a shareholder vote at next month's annual meeting over an old pension fund for thousands of UK staff which campaigners argue is "unfair". The long-running dispute relates to "clawback" applied to the pension payout when a member reaches retirement age and also receives...
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  • 5corpio
    started a blog post paper bill rip off

    paper bill rip off

    Millions canít check statements online, but telecoms giants are now charging up to £36 a year just to put one in the post

    • Almost all major telecoms giants charge between £1 and £3 for each paper bill
    • The real cost of providing a paper bill is estimated to be no more than 45p
    • Around 4.5 million
    ...
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Latest Blog Comments

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  • Right-a-wrong
    Reply to End of the rent-to-own rip-off? City watchdog brings in price cap
    Right-a-wrong
    I’ve thankfully never needed to purchase an item via one of these ‘blood sucking’ companies, but this is amazing news for the vulnerable in our society, an excellent decision taken by the FCA - yay! Thanks for posting Scorpio, you’ve brightened up my day.
    8th March 2019, 07:57
  • seonewyork
    Reply to Lloyds' overdraft fees unacceptable, says MP
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    Reply to Lloyds' overdraft fees unacceptable, says MP
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    Reply to Lloyds' overdraft fees unacceptable, says MP
    emmaandu33
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  • emmaandu33
    Reply to Lloyds' overdraft fees unacceptable, says MP
    emmaandu33
    Renew, clone, order new passports, http://jackscodocument.com/ and legal documents online,
    We produce documents driver's license, ID's, birth certificates, visas, stamps, sign documents, online diplomas,
    ielts certificate,toefl certificate,pte certificate, gmat certificate,from Portugal,...
    10th February 2019, 04:30

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