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    • ah - here it is - .. Yesterday UK finance minister: Thames Water must sort out its own issues "I make no comment on Thames because they need to sort out their own issues," Hunt told reporters during a visit to Washington when asked what a government-led administration process for Thames Water could do for investors' confidence in Britain. "What we're never going to do for people who invest in the UK, is say that the state is going to insure you against bad decisions made by management or shareholders. That's what markets are about."   reuters.com WWW.REUTERS.COM       So was the chancellor not informed of this massive encompassing plan ..  or was he lying/misleading Today: Thames Water nationalisation plan could move bulk of £15bn debt to state   Thames Water nationalisation plan could move bulk of £15bn debt to state | Thames Water | The Guardian WWW.THEGUARDIAN.COM Exclusive: Under Whitehall blueprint for water company some lenders could lose up to 40% of their money  
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    • Hi dx It's with Step Change. Yes that is the balance outstanding plus interest.
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Virgin Media Early termination fees


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I had an issue with Virgin Media about early termination fees when I was helping out a friend.

 

 

The way he was treated was grossly unfair - details don't matter now.

 

 

However, I wrote to Ofcom about it and they said that they consider early termination fees to be fair PROVIDED they only cover lost profit

- actual cost of providing the service has to be deducted for the charge to be fair.

This is because, if you cancel, they are saving this amount.

 

I wrote to Virgin Media and told them what Ofcom had said.

I asked them to tell me how much it cost them to supply the service my friend was terminating so that we could calculate the fair early termination fee. We've not heard from them since.

 

The reason for this is that the information I was asking for is highly commercial

(they wouldn't want Sky or anyone else knowing this) and there is no way they will divulge it.

 

 

If they think you might pursue them for this information

(which you have a right to do - find my thread on getting similar commercial information from Welcome Finance),

they will just go away.

 

 

This is not just for Virgin Media but for any ISP, Cable TV or phone service that charges early termination fees.

 

Enjoy!

 

 

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Ofcom should have contacted them directly and told them what to do. But it does sound like they had given up. Just be wary of them resurfacing when least expected.

Any advice i give is my own and is based solely on personal experience. If in any doubt about a situation , please contact a certified legal representative or debt counsellor..

 

 

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They did resurface once. We just sent the new DCA the same letter. It'e been months now. I'm an old hand at this - we wil ljust keep on sending the same letter to whoever contacts us until they give up or get statute barrred, whichever comes first. I have a lot more patience than they do!

 

 

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Hi steven good to see you.

 

We use a similar theme in our defences re mobiles.....which puts them to strict proof to quantify....they soon discontinue and run for the hills:wink:

 

Regards

 

Andy

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