Jump to content


  • Tweets

  • Posts

    • just to be clear here..... the DVLA do not send letters if a drivers licence address differs from any car's V5C that shows the same driver as it's registered keeper.
    • sorry she is a private individual, the cars are parking on her land. she can clamp the cars. only firms were outlawed from doing it bazza. thats what the victims of people dumping cars on their drives near airports did and they didn't not get prosecuted.    
    • The DVLA keeps two records of you. One as a driver and one for your car. If they differ you might find out in around a month when they will send you a reminder as well as to your other half for their car. If you receive nothing then you can be fairly sure that you were tailgating though wouldn't explain why they didn't pick up your car on one of drive past their cameras. However even if you do get a PCN later then your situation will not change. The current PCN does not comply with the Protection of Freedoms Act 2012 Schedule 4 which is the main law that covers private parking. It doesn't comply for two reasons. 1. Section 9 [2][a] states  (2)The notice must— (a)specify the vehicle, the relevant land on which it was parked and the period of parking to which the notice relates; The PCN states 47 minutes which are the arrival and departure times not the time you were actually parked. if you subtract the time you took to drive from the entrance. look for a parking place  park in it perhaps having to manoeuvre a couple of times to fit within the lines and unload the children reloading the children getting seat belts on  driving to the exit stopping for cars pedestrians on the way you may well find that the actual time you were parked was quite likely to be around ten minutes over the required time.  Motorists are allowed a MINIMUM of ten minutes Grace period [something that the rogues in the parking industry conveniently forget-the word minimum] . So it could be that you did not overstay. 2] Sectio9 [2][f]  (ii)the creditor does not know both the name of the driver and a current address for service for the driver, the creditor will (if all the applicable conditions under this Schedule are met) have the right to recover from the keeper so much of that amount as remains unpaid; Your PCN does not include the words in brackets and in 2a the Act included the word "must". Another fail. What those failures mean is that MET cannot transfer the liability to pay the charge from the driver to the keeper. Only the driver is now liable which is why we recommend our members not to appeal. It is so easy to reveal who was driving by saying "when I parked the car" than "when the driver parked the car".  As long as they don't know who was driving they have little chance of winning in court. This is partly because Courts do not accept that the driver and the keeper are the same person. And because anyone with a valid motor insurance policy is able to drive your cars. It is a shame that you are too far away to get photos of the car park signage. It is often poor and quite often the parking rogues lose in Court on their poor signage alone. I hope hat you can now relax and not panic about the PCN. You will receive many letters from Met, their unregulated debt collectors and sixth rate solicitors threatening you with ever higher amounts of money. The poor dears have never read the Act which states quite clearly that the maximum sum that can be charged is the amount on the signs. The Act has only been in force for 12 years so it may take a  few more years for the penny to drop.  You can safely ignore everything they send you unless or until they send you a Letter of Claim. Just come back to us if they do send one of those love letters to you and we will advise on a snotty letter to send them. In the meantime go on and enjoy your life. Continue reading other threads and if you do get any worrying letters let us know. 
    • Hopefully the ANPR cameras didn't pick up the two vehicles, but I don't think you're out of the woods just yet. MET's "work" consists of sending out hundreds of these invoices every week so yours might be a few days behind your partner's. There is also the matter of Royal Mail.  I once sold two second-hand books to someone on eBay.  Weirdly the cost of sending them separately was less than the cost of sending them in one parcel.  So to save a few bob I sent them seperately.  One turned up the next day.  One arrived after four days.  They were  sent from the same post office at the same time! But let's hope I'm being too pessimistic. Please update us of any developments.
    • New version after LFI's superb analysis of the contract. Sorry, but you need to redo the numbering of the paras and of the exhibits in the right order after all the damage I've caused! Defendant's WS - version 4.pdf
  • Recommended Topics

  • Our picks

    • If you are buying a used car – you need to read this survival guide.
        • Like
      • 1 reply
    • Hello,

      On 15/1/24 booked appointment with Big Motoring World (BMW) to view a mini on 17/1/24 at 8pm at their Enfield dealership.  

      Car was dirty and test drive was two circuits of roundabout on entry to the showroom.  Was p/x my car and rushed by sales exec and a manager into buying the mini and a 3yr warranty that night, sale all wrapped up by 10pm.  They strongly advised me taking warranty out on car that age (2017) and confirmed it was honoured at over 500 UK registered garages.

      The next day, 18/1/24 noticed amber engine warning light on dashboard , immediately phoned BMW aftercare team to ask for it to be investigated asap at nearest garage to me. After 15 mins on hold was told only their 5 service centres across the UK can deal with car issues with earliest date for inspection in March ! Said I’m not happy with that given what sales team advised or driving car. Told an amber warning light only advisory so to drive with caution and call back when light goes red.

      I’m not happy to do this, drive the car or with the after care experience (a sign of further stresses to come) so want a refund and to return the car asap.

      Please can you advise what I need to do today to get this done. 
       

      Many thanks 
      • 81 replies
    • Housing Association property flooding. https://www.consumeractiongroup.co.uk/topic/438641-housing-association-property-flooding/&do=findComment&comment=5124299
        • Like
      • 161 replies
    • We have finally managed to obtain the transcript of this case.

      The judge's reasoning is very useful and will certainly be helpful in any other cases relating to third-party rights where the customer has contracted with the courier company by using a broker.
      This is generally speaking the problem with using PackLink who are domiciled in Spain and very conveniently out of reach of the British justice system.

      Frankly I don't think that is any accident.

      One of the points that the judge made was that the customers contract with the broker specifically refers to the courier – and it is clear that the courier knows that they are acting for a third party. There is no need to name the third party. They just have to be recognisably part of a class of person – such as a sender or a recipient of the parcel.

      Please note that a recent case against UPS failed on exactly the same issue with the judge held that the Contracts (Rights of Third Parties) Act 1999 did not apply.

      We will be getting that transcript very soon. We will look at it and we will understand how the judge made such catastrophic mistakes. It was a very poor judgement.
      We will be recommending that people do include this adverse judgement in their bundle so that when they go to county court the judge will see both sides and see the arguments against this adverse judgement.
      Also, we will be to demonstrate to the judge that we are fair-minded and that we don't mind bringing everything to the attention of the judge even if it is against our own interests.
      This is good ethical practice.

      It would be very nice if the parcel delivery companies – including EVRi – practised this kind of thing as well.

       

      OT APPROVED, 365MC637, FAROOQ, EVRi, 12.07.23 (BRENT) - J v4.pdf
        • Like
  • Recommended Topics

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 1042 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Recommended Posts

Billions of pounds worth of deals on hold due to Brexit.

 

http://news.sky.com/story/1721120/deals-worth-billions-put-on-ice-after-brexit

 

Due to Brexit it is possible the new nuclear power station will not be built, TATA steel will not find a buyer leading to their works being closed with the loss of jobs, Investment in infrastructure including housing will be reduced etc.

 

The question has to be asked, is what cost would be acceptable for the majority of people to feel that Brexit is still worth it ?

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

I agree but, they are not just protesting, they are demanding another chance to have their say because they didn't get what they wanted the first time round. Yes, the referendum was close but the majority of those who voted, voted to leave. That is also democracy and anyone who tries to change that do not deserve to live in a democracy.

 

 

 

Everyone deserves to live in a democracy. Saying some don't invalidates the entire principle. I don't think that there should be another referendum either but then again I don't think there should have been one in the first place.

Link to post
Share on other sites

The idea that the guilt factor can be laid at the door of the majority will of the people, by saying, 'well this deal can't happen and this won't happen because its the wrong decision' is a form of emotional blackmail and all because the corporate elites can't get there own way is outrageous. Best bring on the revolution..

Link to post
Share on other sites

So a decision or leader is described as the savior of their children to the populace and rides on the wave of a minority's fervent support and that is it?

 

Isnt that what happened with Gaddafi in Libya until some external power (us and the French + the US) bombed him into defeat so another minority took over?

 

 

 

Referendums DO NOT just keep going on forever until the right vote is achieved, just like with the Scottish referendum - where a second is considered quite reasonable if the situation, or knowledge about the situation changes, and the knowledge of the Brexit situation has certainly changed MASSIVELY.

 

If the Brexiters are so certain that the country is behind them, then why do they so FEAR a second referendum now the truth is coming out, rather than the lies they peddled?

A second out vote now would become pretty much unassailable, particularly if it gained a larger margin.

 

 

(I note that Boris the Toad is now demanding everyome else clarify their plan for Brexit, ferkin rich coming from that toerag)

The Tory Legacy

Record high: Taxes, Immigration, Excrement in waterways, energy company/crony profits

Crumbling: Hospitals, Schools, council services, businesses and roads

If only the Govt had thrown a protective ring around care homes

with the same gusto they do around their crooked MPs

 

 “Do I want to spend every Friday for the next five years in Clacton?”

Farage, Feb 2024 talking smack about the Peninsula town

.. before he decided he wanted their votes

Link to post
Share on other sites

http://www.bbc.co.uk/news/uk-politics-36700350

 

I think there is a long way to go before article 50 is ever triggered. This article explains that a PM might not have legal authority to trigger article 50, unless directed by Parliament to do so. Parliament might not give permission.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

From the same article.

 

The result of the referendum is not in doubt, but we need a process that follows UK law to enact it

 

I don't think it will be a case of Parliament trying to block article 50, just an agreement of when and how to press the red button. Failure to do so would (IMO) trigger a call for a General Election thereby prolonging the process.

If Parliament ignores the will of the people then this country can no longer be called a democracy. David Cameron has abdicated that responsibility to someone else which he should not have done. He should have stayed in position to do the job himself. All this is doing is prolonging things (again). If he really didn't want this outcome, he should never have included it in the previous election manifesto.

I respect all peoples rights to protest however, nothing will come of it. Anyone know how many signatures are now on the petition? More than 17m?

If you are asked to deal with any matter via private message, PLEASE report it.

Everything I say is opinion only. If you are unsure on any comment made, you should see a qualified solicitor

Please help CAG. Order this ebook. Now available on Amazon. Please click HERE

Link to post
Share on other sites

From the same article.

 

 

 

I don't think it will be a case of Parliament trying to block article 50, just an agreement of when and how to press the red button. Failure to do so would (IMO) trigger a call for a General Election thereby prolonging the process.

If Parliament ignores the will of the people then this country can no longer be called a democracy. David Cameron has abdicated that responsibility to someone else which he should not have done. He should have stayed in position to do the job himself. All this is doing is prolonging things (again). If he really didn't want this outcome, he should never have included it in the previous election manifesto.

I respect all peoples rights to protest however, nothing will come of it. Anyone know how many signatures are now on the petition? More than 17m?

 

I think this misses the point, in that the referendum bill that was passed by parliament purely enabled it to take place. Unlike the Scots indy ref bill which included clauses that made the result binding, the Brexit ref never made it binding on parliament or government. The result of the Brexit vote does not create any legal power and the next step is for the new Tory PM to start the process of gaining legal authority in parliament to take necessary steps to implement Brexit. As with any bill put before parliament, it can be voted against and if enough MP's vote against, a new PM will not be able to trigger article 50.

 

Will the courts get involved in this legal argument or say it is up to parliament to ensure they follow a legal process ? The government will have obtained legal advice about this already, which might be why Cameron has decided to go. Perhaps the legal advice was that parliament had to pass enabling bills for the whole process from article 50 until the final exit deal is done. This could take a very long time with arguments spread over years. The committee government has set up to look at the whole Brexit process, has to go through 80,000 pages of legislation. Then they have to consider all of the various issues affecting people and business, to see that they don't breach any legal rights or try to minimise any legal claims that might be brought. If they rushed to article 50, it could mean they ended up in a stupid position of having to ask Brussels to extend the 2 year exit period, as it is likely to take much longer.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

I see the world is queuing up to trade with the UK

on Brexit from the EU. so much for the rubbish spewed out by the inners.

Have some links,

World queues up to win trade deals with Britain after Brexit

Daily Mail‎ - 15 hours ago

Countries are lining up to enter trade talks with Britain in the wake of the decision to leave ...

The World Queues Up To Win Trade Deals With Britain After Brexit

Breitbart News‎ - 12 hours ago

Mickey Rourke threatens to beat up former baseball star Lenny Dysktra

Daily Mail‎ - 9 hours ago

More news for World queues up to win trade deals with Britain

________________________________________

World queues up to win trade deals with Britain after Brexit: US ...

▶ 2:44

https://www.youtube.com/watch?v=AR0zGTJIRWs

2 hours ago - Uploaded by Sheryl Wajid

World queues up to win trade deals with Britain after Brexit: US clamouring for a deal while talks are set to ...

The world queues up to win trade deals... - Nick Griffin British Unity ...

1. Cached

The world queues up to win trade deals with Britain after Brexit: America is clamouring for a deal while talks are set to begin with Australia, South...

11 Countries Gearing Up to Strike Trade Deals With Britain | Heat Street

https://heatst.com/uk/11-countries-gearing-up-to-strike-trade-deals-with-britain/

5 days ago - While Brexit doom-mongers have been focussing on the challenges of keeping access to the EU's single market (16% of global trade – less ...

Project fear in ruins as world queues up to win trade deals with Britain ...

http://www.theway.co.uk/news-10253-project-fear-in-ruins-as-world-queues-up-to-win-trad...

1. Cached

Apart from the financial markets returning to normal after Brexit, Nations outside Europe are eyeing opportunities to increase trade with Britain for th.

World queues up to win trade deals with Britain after Brexit | Latest ...

news.s3.webdigital.hu/.../world-queues-up-to-win-trade-deals-with-britain-after-brexit

1. Cached

15 hours ago - The country will be free to negotiate its own deals after quitting the EU, and business secretary Sajid Javid (pictured) is already preparing for a ...

Obama stands by 'back of the queue' Brexit warning - how the world ...

http://www.telegraph.co.uk/.../eu-referendum-what-the-world-is-saying---britains-historic-d...

1. Cached

25 Jun 2016 - The world woke up to the news that Britain had decided to leave the European union. ... would move to the back of the queue when it comes to trade deals. ... leader, praising the British decision, adding: "freedom has won".

World queues up to win trade deals with Britain after Brexit ...

http://www.stormfront.org › News › Newslinks & Articles

1. Cached

I guess the remain people were wrong. World queues up to win trade deals with Britain after Brexit | Daily Mail Online.

World queues up to win trade deals with Britain after Brexit - Trendolizer

uk.trendolizer.com/.../world-queues-up-to-win-trade-deals-with-britain-after-brexit.ht...

1. Cached

The country will be free to negotiate its own deals after quitting the EU, and business secretary Sajid Javid (pictured) is already preparing for a hectic schedule of ...

World queues up to win trade deals with Britain after Brexit: - ZetaBoards

w11.zetaboards.com/UK_Debate_Mk_2/topic/11694954/

1. Cached

6 hours ago - World queues up to win trade deals with Britain after Brexit: US clamouring for a deal while talks are set to begin with Australia, South Korea ...

Link to post
Share on other sites

I see the world is queuing up to trade with the UK

on Brexit from the EU. so much for the rubbish spewed out by the inners.

.

 

 

where, anywhere in those links is there anything except a TTIP deal with the USA which ANYBODY can have and NOBODY wants, and a loads of unsupported wishful fantasising all quoting each other about deals sometime in the future maybe perhaps hopefully ??

The Tory Legacy

Record high: Taxes, Immigration, Excrement in waterways, energy company/crony profits

Crumbling: Hospitals, Schools, council services, businesses and roads

If only the Govt had thrown a protective ring around care homes

with the same gusto they do around their crooked MPs

 

 “Do I want to spend every Friday for the next five years in Clacton?”

Farage, Feb 2024 talking smack about the Peninsula town

.. before he decided he wanted their votes

Link to post
Share on other sites

If we want a real deal with the USA check a real newspaper, not Viz (best of the bunch), the sun or the mail. If you think we want TTIP which would give the UK and its laws to American drug companies - then think again.

 

http://www.independent.co.uk/news/uk/politics/brexit-barack-obama-was-right-britain-uk-will-be-at-the-back-of-the-queue-for-trade-deals-says-a7116741.html

 

 

New Zealand exports

Dairy products, meat, wool and wood products, fish, machinery

 

That'll upset our sheep and dairy farmers, and make the balance of payments even worse.

 

 

New Zealand 57th 'largest' importer in the world

Just need another 50 orso like that and we'll be back where we were

 

 

ooops

New Zealand's net external debt has expanded from $76.2 billion to $138.9 billion over the past 14 years with the net contributors to the latest $138.9 billion figure being government $11.2 billion, banks $97.2 billion, other $1.3 billion and inter-company $29.3 billion.

Edited by honeybee13
Removing the obv.

The Tory Legacy

Record high: Taxes, Immigration, Excrement in waterways, energy company/crony profits

Crumbling: Hospitals, Schools, council services, businesses and roads

If only the Govt had thrown a protective ring around care homes

with the same gusto they do around their crooked MPs

 

 “Do I want to spend every Friday for the next five years in Clacton?”

Farage, Feb 2024 talking smack about the Peninsula town

.. before he decided he wanted their votes

Link to post
Share on other sites

Anyone know how many signatures are now on the petition? More than 17m?

 

 

 

4,114,608 signatures

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

Apparently France and Italy are already trying to poach banks from the UK - That is quite worrying when you see that those 2 countries have huge financial problems of their own !

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

Apparently France and Italy are already trying to poach banks from the UK - That is quite worrying when you see that those 2 countries have huge financial problems of their own !

 

The Banks have already started to move some of their staff to other countries. London does a lot of trading on behalf of the Euro area and as soon as it is outside the EU trading area it will have to be moved apparently.

 

Brexit will cost the UK tens of billions and hit the economy for at least 10 years. But many leavers seem to think this is worth it. Is Brussels that bad ?

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

 

I do regularly read Ambroses articles in the DT, as he gives you many facts which are balanced and not political.

 

There is a possibility that the EU might collapse before any likely exit date is reached. You can bet that Brexit will be blamed, as it caused greater uncertainty. Many EU mainland Banks are in trouble. Deutsche Bank apperently failed a US stress test recently and there is concern about them getting into difficulty, with other Banks also being affected.

 

If we end up in a bad place and Brexit is found to be part of the cause, there will be many within the 17 million voters who regret their decision. This might include many pensioners who become worse off. You may have read of a recent court decision, where a company who took over a UK firm, were judged not to be responsible for final salary pension scheme liabilities. If the economy goes down the pan and pension fund investments struggle, you will see some of them changing pensions, even to those currently drawing pension. You might also see government increasing pension age and freezing pensions over a period.

 

I don't think many who voted in the referendum really thought about the fragility of economies and possible consequences. Both Cameron and Osborne did warn people, but they were labelled as project fear. Also when IMF, IFS, Bank of England etc gave the same warnings, the leave campaign said they often got their forecasts wrong.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

http://news.sky.com/story/1721871/bank-of-england-signals-150bn-lending-boost

 

BoE has already started to pump money into the system. They are also set to apply more QE later in the year.

 

Brexit, at any cost ?

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

Another crash ?..

 

It is possible and not necessarily directly linked to Brexit. But the Brexit vote did not help.

 

If people who support Brexit presume that it will happen at any cost, they might be disappointed. MP's and Lords will if necessary stop Brexit if it is not in the countries or peoples interest. But any blocking of Brexit will not happen until the temperature of public opinion has cooled.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

http://www.telegraph.co.uk/business/2016/07/04/sp-scoffs-at-armageddon-warnings-for-britain/

 

S&P said the eurozone recovery is now in full swing as fiscal austerity eases and QE gains traction, all helped by cheap oil. The growth of consumer credit has jumped from zero to 5.4pc over the last year, and car sales are up 18.4pc.

 

Pessimists counter that the collapse in European bank shares is an early warning sign of trouble ahead. The Euro Stoxx bank index has fallen by half over the past year, with Deutsche Bank plumbing historic depths almost daily.

 

The epicentre of financial stress is in the Italian banking system. Non-performing loans - equal to 18pc of balance sheets - have long been a ticking time-bomb. They have now combined with new EU "bail-in" rules that expose creditors to sweeping haircuts.

 

Most of the banks are shut out of the capital markets and cannot raise fresh money to meet tough banking regulations. Monte dei Paschi di Siena crashed by 14pc on Monday after it was ordered to slash its bad loan book of €46.9bn by a third over the next three years, a near impossible task.

 

 

 

Well it looks to me as though it is the Italian banking system is in crisis and surely cant be due to the Brexit vote ?

 

Faced with a festering crisis that is turning more dangerous by the day, Mr Renzi is preparing to take matters into his own hands and defy the EU authorities. This would be a dramatic escalation, risking a head-on collision with Brussels, Frankfurt and, above all, Berlin.

 

Sources say he is mulling a rescue under Article 107 of the Lisbon Treaty to inject capital, if necessary up to a limit of €40bn raised through sovereign bonds or guarantees. While the action would almost certainly be illegal, it would take years for the European Court to rule on the case.

 

“No prime minister can let his banking system collapse just for the sake of enforcing the EU’s crazy rules,” said one official. “This cannot go on.”

 

 

And it would appear that despite piling in with the others to have a go at Brexit voters, Mr Renzi is also unhappy at the "EU's crazy rules" ?

Have we helped you ...?         Please Donate button to the Consumer Action Group

Uploading documents to CAG ** Instructions **

Looking for a draft letter? Use the CAG Library

Dealing with Customer Service Departments? - read the CAG Guide first

1: Making a PPI claim ? - Q & A's and spreadsheets for single premium policy - HERE

2: Take back control of your finances - Debt Diaries

3: Feel Bullied by Creditors or Debt Collectors? Read Here

4: Staying Calm About Debt  Read Here

5: Forum rules - These have been updated - Please Read

BCOBS

1: How can BCOBS protect you from your Banks unfair treatment

2: Does your Bank play fair - You can force your Bank to play Fair with you

3: Banking Conduct of Business Regulations - The Hidden Rules

4: BCOBS and Unfair Treatment - Common Examples of Banks Behaving Badly

5: Fair Treatment for Credit Card Holders and Borrowers - COBS

Advice & opinions given by citizenb are personal, are not endorsed by Consumer Action Group or Bank Action Group, and are offered informally, without prejudice & without liability. Your decisions and actions are your own, and should you be in any doubt, you are advised to seek the opinion of a qualified professional.

PLEASE DO NOT ASK ME TO GIVE ADVICE BY PM - IF YOU PROVIDE A LINK TO YOUR THREAD THEN I WILL BE HAPPY TO OFFER ADVICE THERE:D

Link to post
Share on other sites

CB

 

Leavers are mostly to blame for any failures in UK caused by their votes and any knock on effect in the EU. They were warned. It was not all project fear. The leave campaign won, because they could use some exaggerated claims by remain to attack them and get some people who are anti establishment to vote leave.

 

Interesting comments from Ken Clarke on Tory leader candidates.

http://news.sky.com/story/1721982/watch-ken-clarke-ridicules-tory-candidates

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

I like the comments about Gove by Rifkind. :)

'Sir Malcolm Rifkind has said he is “hugely amused” after being caught on camera with former Conservative Cabinet minister Ken Clarke ridiculing candidates in the party’s leadership contest. It comes after the former colleagues – apparently unaware they were being filmed – said that Michael Gove, the Justice Secretary, was so right-wing he would likely start wars with “at least three countries” and that Mr Clarke did not really think Andrea Leadsom, the energy minister, wanted to leave the EU....'

http://www.independent.co.uk/news/uk/politics/ken-clarke-malcolm-rifkind-sky-news-tory-leadership-contest-remarks-video-a7120931.html

Link to post
Share on other sites

Pound sinks to lowest level for decades.

 

http://www.bbc.co.uk/news/business-36721016

 

Investment in the UK is now at risk, as people lose confidence. There have been problems in other markets, most likely partly due to Brexit.

 

Those who voted leave will have to accept the consequences of their votes on the whole of the UK and those abroad who suffer from after shocks.

 

The media are trying to get 'their man' Gove into no.10. This is Gove who allegedly gave the Sun newspaper their frontpage of the Queen not liking the EU. The Queen was brought into politics by Murdochs newspapers in order to get their anti EU position accepted by the British public and like the good sheep they are they voted as instructed.

We could do with some help from you.

PLEASE HELP US TO KEEP THIS SITE RUNNING EVERY POUND DONATED WILL HELP US TO KEEP HELPING OTHERS

 

 Have we helped you ...?         Please Donate button to the Consumer Action Group

 

If you want advice on your thread please PM me a link to your thread

Link to post
Share on other sites

style="text-align: center;">  

Thread Locked

because no one has posted on it for the last 1042 days.

If you need to add something to this thread then

 

Please click the "Report " link

 

at the bottom of one of the posts.

 

If you want to post a new story then

Please

Start your own new thread

That way you will attract more attention to your story and get more visitors and more help 

 

Thanks

Guest
This topic is now closed to further replies.
  • Recently Browsing   0 Caggers

    • No registered users viewing this page.

  • Have we helped you ...?


×
×
  • Create New...