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  1. Britain's markets watchdog has fined Tesco 16.4 million pounds for failing to protect account holders at its bank from a "foreseeable" cyber attack two years ago. The Financial Conduct Authority said that in November 2016 cyber attackers exploited deficiencies in Tesco Bank's design of its debit card and in its financial crime controls. "Those deficiencies left Tesco Bank’s personal current account holders vulnerable to a largely avoidable incident that occurred over 48 hours and which netted the cyber attackers 2.26 million pounds," the FCA said in a statement on Monday. It
  2. Record £15.6 million underpayment identified for workers on the minimum wage READ MORE HERE: https://www.gov.uk/government/news/record-156-million-underpayment-identified-for-workers-on-the-minimum-wage
  3. Virgin Media has announced price hikes for its cable service, which includes broadband, TV and fixed-line phones, which will affect five million customers. The broadband provider said prices for “the significant majority” of customers will rise by between £2 and £4 per month, or an average increase of 4.5 per cent. The company said this was a lower price hike than last year, despite the fact that broadband usage on its network had increased by almost 40 per cent since then, with approximately 60 per cent of total traffic now due to more streaming of video. https://www.independen
  4. New measures to protect 10 million extra holidays a year READ MORE HERE: https://www.gov.uk/government/news/new-measures-to-protect-10-million-extra-holidays-a-year
  5. Debt management bosses banned after transferring half-a-million from own companies READ MORE HERE: https://www.gov.uk/government/news/debt-management-bosses-banned-after-transferring-half-a-million-from-own-companies
  6. British Gas is raising dual fuel bills by 5.5% hitting an estimated 4.1 million customers with a £60 a year hike. The energy giant blamed the move on rising wholesale prices and policy costs. The price of the British Gas standard variable tariff will climb by £60 to £1,161, an average 5.5% rise for a typical dual fuel customer. Mark Hodges, chief executive, Centrica Consumer, said: “We fully understand that any price increase adds extra pressure on customers’ household bills. “This increase we are announcing today is reflective of the costs we are seeing which are beyond ou
  7. RAC to apologise to 1 million customers for breaking insurance renewal rules The RAC will be apologising to more than 1 million customers for falling short on rules on insurance renewals. The motoring organisation has become the latest – and one of the largest – businesses to be rapped by the Financial Conduct Authority watchdog. Rules introduced by the FCA a year ago require firms to clearly show the insurance premium a customer paid last year alongside their proposed renewal premium. They also require firms to show a “prominent, clear and straightforward message” to encou
  8. £800 million agreed for defence READ MORE HERE: https://www.gov.uk/government/news/800-million-agreed-for-defence
  9. £215 million boost for council homelessness services READ MORE HERE: https://www.gov.uk/government/news/215-million-boost-for-council-homelessness-services
  10. This is a useful High Court judgment and one that should serve as a reminder to anyone considering litigation, that an error by an enforcement agent is not automatically trespass and most importantly, that any claims for loss/damages etc must be proved to arise directly from the agents misconduct -which very often will be difficult to prove. There is also the matter of the need to provide evidence to support any claims (something that was seriously lacking in this case). Background to claim: On 12th March 2015, a writ of control was issued against Mr Miller for
  11. Well it appears that Dollar financial is having a rough 2017 - £160 Million in losses
  12. Well looks like Peter Crook (Id say suitably named) stepped down from Provident Financial Group...This little gem comes through... Start reclaiming folks, for all those times the admitted ROP wasnt PPI in any form...
  13. Well looks like Peter Crook (Id say suitably named) stepped down from Provident Financial Group...This little gem comes through... Start reclaiming folks, for all those times the admitted ROP wasnt PPI in any form...
  14. Well looks like Peter Crook (Id say suitably named) stepped down from Provident Financial Group...This little gem comes through... Start reclaiming folks, for all those times the admitted ROP wasnt PPI in any form...
  15. An investigation was underway on Friday night after the personal data of up to 44 million British consumers was feared stolen by hackers in a massive cyber attack. The information commissioner said it was investigating how the hack on Equifax, a US credit rating firm, affected UK customers, many of whom will be unaware their data is held by the company. Equifax and its UK subsidiary companies state on their websites that they represent British clients including BT, Capital One and British Gas. There are fears that customers of these companies could now be affected. BT said that
  16. An investigation was underway on Friday night after the personal data of up to 44 million British consumers was feared stolen by hackers in a massive cyber attack. The information commissioner said it was investigating how the hack on Equifax, a US credit rating firm, affected UK customers, many of whom will be unaware their data is held by the company. Equifax and its UK subsidiary companies state on their websites that they represent British clients including BT, Capital One and British Gas. There are fears that customers of these companies could now be affected. BT said that
  17. For the full story : - http://www.bbc.co.uk/news/business-39401577
  18. An investigation has come to light into missing correspondence about patient care. https://www.theguardian.com/society/2017/feb/26/nhs-accused-of-covering-up-huge-data-loss-that-put-thousands-at-risk?utm_source=esp&utm_medium=Email&utm_campaign=GU+Today+main+NEW+H+categories&utm_term=215114&subid=7192694&CMP=EMCNEWEML6619I2 HB
  19. READ MORE HERE: https://www.gov.uk/government/news/thousands-of-students-will-benefit-from-new-cadet-units-backed-by-50-million-government-plan
  20. Banking Error Gave Young Lady 4.6 Million Overdraft-What Would You Do? Could you be tempted to spend some. Lose your battle between the Devil telling you to get stuck in and go for it. Or the angel of reason telling you to go into the bank and say i think you have made a slight mistake. As you read this story and perhaps watch the video what is your brain telling you. Would you be planning to lash out,travel the world,take a chance. Where would you go or do,could you be tempted. Or plan to catch the bus or walk to town if no funds to tell them Oh dear what is this on my state
  21. http://www.smh.com.au/nsw/the-simple-westpac-banking-error-that-gave-christine-jia-xin-lee-46-million-20160520-gozv5q.html Unbelievable true story linked above, where an Aussie Bank provided a young Lady with an overdraft of over £2 million pounds. It only picked up the error, when she made 14 transactions on Paypal on one day. I suspect that if convicted in a court, she will end up in Prison, but this Bank will struggle to recover much of the loss. Nb. Sorry to those people who clicked on this thread thinking that a free £2 million overdraft was available:madgrin:
  22. Two million people across Great Britain have experienced problems cancelling recurring payments which are often used for buying products online like e-book subscriptions or video streaming, finds a new report from Citizens Advice. The study, Locked In: consumer issues with subscription traps, which includes evidence from Citizens Advice and Citizens Advice Scotland, also reveals that people are often signed up to these type of recurring payments - also known as Continuous Payment Authorities - without their knowledge. People taking up offers for free trials of slimming pills
  23. Well now you know why your Local Library or Swimming pool is closing down ! No money for social care - because staff are being paid to prevent whistleblowing or criticism of bosses. Local Authorities are apparently requiring staff who are taking early retirement/redundancy or leaving after a dispute, to sign a gagging order (compromise agreement). It would appear that the person leaving receives more money if they do this.
  24. The largest-ever fine for cold-calling has been handed down by the Information Commissioner's Office. Brighton-based company Prodial was fined £350,000 for generating more than 46 million spam calls. More than 1,000 people complained to the ICO about the automated message calls they had received from the company, which related to PPI claims. Information Commissioner Christopher Graham said: "This is one of the worst cases of cold calling we have ever come across. "The volume of calls made in just a few months was staggering. "This was a company t
  25. Having just seen the news, I see the NHS is facing a financial crisis - approaching £100 million of debt. Despite ring fenced monies and extra funding for extra nurses/doctors/GPs, etc Why is this ?? Well for a start - look at the salaries some of the top guys are earning ? http://www.dailymail.co.uk/health/article-3206191/Scandal-60-fat-cat-NHS-hospital-bosses-took-home-Prime-Minister-year-despite-trusts-plunging-financial-crisis.html Despite these earnings, they are running their trusts/hospitals into the ground with no accountability. Why are we recruiting fro
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