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Found 4 results

  1. TV license fine rises to £4,000 read here http://recombu.com/digital/news/tv-license-fine-rises-to-4000_M13268.html The penalty for not buying a TV license is set to sharply rise, after ministers announced a quadrupling of the maximum possible fine from £1,000 to £4,000. Previously, those who failed to pay for a TV license faced a £1,000 fine and a criminal record. In 2012, almost 180,000 TV license-related criminal cases were brought before the courts, with 70 given a custodial sentence. The reforms of the financial penalties surrounding TV licensing are intended to persuade
  2. Lloyds has been fined £4.3m for not paying the victims of the payment protection insurance (PPI) mis-selling scandal promptly. The Financial Services Authority (FSA) said Lloyds had broken the rules agreed on the refunds. These state that PPI refunds must be paid within 28 days of victims receiving a letter agreeing to a refund. However, of the half a million victims Lloyds had promised to pay, a quarter did not receive payment in that time, while nearly 9,000 did not get paid at at all until payments were chased by customers and the media. Tracey McDermott, the FSA's director of enforcemen
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