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Found 3 results

  1. Article from the Guardian. The Department for Work and Pensions has been unlawfully stopping people going to tribunal to appeal against decisions to refuse them benefits, three senior judges have ruled. The upper tribunal found it was wrong for the DWP to refuse claimants the right to appeal if they took more than a month to ask for a review of the benefit decision. https://www.theguardian.com/society/2017/aug/04/uk-judges-rule-dwp-wrong-to-deny-appeals-over-refused-benefits HB
  2. Evidence of "misconduct" among banks has been uncovered in a Government adviser's report. Vince Cable, the Business Secretary, has been handed a dossier which its author says reveal banks’ “disturbing patterns of behaviour” towards small and medium-sized businesses. Government adviser Lawrence Tomlinson, who produced the research, said he had “exposed activity which flies in the face of the Government’s growth agenda”. Activities which “impede lending” include alleged malpractice in banks’ restructuring divisions. Mr Tomlinson accused banks of loading punitive charges on struggling companies to maximise returns and bonuses and of “making directors passengers in their own businesses”. He also highlighted what he said were conflicts of interest between banks and accountancy firms brought in to do “independent business reviews” of companies placed in restructuring divisions. Mr Cable finds the reports “worrying”, a business department spokesman said. Since “a number of the cases” in the dossier involve Royal Bank of Scotland, the Business Secretary has asked that they be considered by an independent review of the state-backed bank’s lending practices, which is being led by Sir Andrew Large, a former deputy governor of the Bank of England. More: http://www.telegraph.co.uk/finance/yourbusiness/10214202/Banks-treatment-of-SMEs-criticised-in-report.html
  3. But they have taken no action against them, not even a slap on the wrist, just a 'don't be naughty' letter. I have said it so many times, these departments are completely useless and should be closed down. http://www.bbc.co.uk/news/business-18160539 The OFT says if they do it again, they could face a fine 'up to' £50,000 - Wonga makes about that much in profit from a £200 loan.
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