Extended warranties site nearly extends to whole market
The OFT has launched the UK’s first site for comparing extended warranties but one of the country’s biggest retailers, John Lewis, is not happy with the new page. They have … Continue reading
Time up for payday loan adverts
The biggest news to emerge from Consumer Affairs minster Jo Swinson’s summit with payday loan companies and related parties is that there may be big crackdown on the type of … Continue reading
Swinson swings for payday pirates
Consumer minister Jo Swinson has called a summit to investigate if greater regulation is needed to control payday lenders. The industry is currently under the remit of the Office of … Continue reading
FCA agreement a win for banks’ customers
The FCA has achieved a victory in its attempt to make banking charges less punitive. A number of high street banks have agreed to a same day ‘retry’ system to … Continue reading
Consumer rights bill marches on
The new consumer rights bill continues to work its way into the law of the land and this week consumer minister Jo Swinson has outlined some of the measures to … Continue reading
Windfall from windfarms
The government is expected to announce plans giving people more choice when it comes to the building of on-shore windfarms in their area. The new proposals will not only make … Continue reading
PPI providing welcome profit for many
PPI claims have soared according to the Financial Ombudsman Service (FOS). The insurance selling scandal is now the biggest such fraud in the country’s history. Natalie Ceeney, head of the … Continue reading
Interest grows in interest only mortgages
There has been growing concern in the mortgage market that interest only mortgages (IOM) may be causing confusion and a number of borrowers will not be able to pay off … Continue reading
FCA rule on money transfer madness
In a move that the FCA hopes will show that they don’t only deal with large business and institutions they have taken action against Horn Express Ltd (formerly known as … Continue reading
Queen’s speech to give consumer boost
Consumer are set to receive a boost in the Queen’s speech this Wednesday. Rights covering products such as cars and white goods are to be consolidated with those newer being … Continue reading
UK CONSUMER ISSUES 