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At present, High Court Enforcement agents are only able to enforce judgments if they relate to non consumer credit debts and have a value of over £600. Judgements relating to consumer credit debts (typically, a debt relating to a bank loan, credit card debt, catalogue debt or any other finance agreement) may only be enforced by a County Court Bailiff. The High Court Enforcement industry has campaigned for many years for the law to be changed to allow them to enforce judgments in relation to 'consumer credit debts'. Earlier this year, the High Court Enforcement industry had their h
Lord Mayor of Copenhagen accuses Ryanair of 'social dumping' and bans staff from flying with company on official business In a plot twist worthy of a Nordic Noir serial, the Lord Mayor of Copenhagen has dented Ryanair’s plans to make a killing with its new base in the Danish capital. Frank Jensen, a Social Democrat who has been the city’s Lord Mayor for five years, has banned staff from flying with Ryanair while on official business - even if it means paying much more on the Scandinavian airline SAS. Copenhagen has 45,000 municipal workers. Mr Jensen told the Berlinske new
Lord Sugar wades into the PayDay loan trap.. Read more.. http://www.mirror.co.uk/money/personal-finance/lord-sugar-blasts-legal-loan-1460508
FSA chairman Lord Adair Turner has attacked the “cynical greed” of traders in the banking industry in the wake of the Libor scandal. Last month, the regulator fined Barclays £59.5m for manipulating the London Interbank Offered Rate and the Euro Interbank Offered Rate. RBS, HSBC, UBS and Citibank are also under investigation for alleged interest rate rigging. Earlier today, Bob Diamond resigned as Barclays chief executive. The Serious Fraud Office is considering bringing criminal prosecutions over the manipulation of interest rates by banks. Addressing the FSA’s annual public meeting in