Topic filter : Compensation

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....MPs have described the situation as a "national scandal" and the "PPI of the house building industry". Other builders have also been criticised for drawing up similar contracts, but are yet to set aside compensation. ... [Read full article on BBC ]
Thursday 27th of April 2017 10:45:30 AM
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....The 3ft (90cm) continental giant rabbit, which was 10 months old and named Simon, died while travelling from London Heathrow to O’Hare airport in Chicago. The airline revealed it had offered the customer compensation and, contrary to previous reports, clarified that the animal was alive when it was taken off the flight. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 07:27:56 AM
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....In a remarkable piece for the Irish Times, Dr Charles Marks, a lecturer at University College Cork, says the medical profession is as guilty as the lawyers. “For 20 years I wrote medical reports which were economical with the truth … the truth being, there was very little wrong with the vast majority of compensation claimants that I saw. ... [Read full article on Guardian ]
Saturday 29th of April 2017 06:00:22 AM
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....". Lloyds recently set aside an extra £350m to cover mis-sold PPI claims and £100m to cover compensation for victims of fraud by former HBOS staff. ... [Read full article on BBC ]
Thursday 27th of April 2017 06:33:36 AM
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....While most banks offering products to consumers have a UK banking licence and £85,000 Financial Services Compensation Scheme (FSCS) protection, European banks are allowed to operate here under their home country’s regulations in a system known as passporting. This means that consumers banking with a such a bank are covered by its home country’s compensation scheme and not the UK’s. ... [Read full article on Guardian ]
Saturday 29th of April 2017 06:00:22 AM
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....He said that anti-abuse rules in Trump’s tax code, if it is passed by Congress, could stop some business owners from aggressively re-categorizing their income to achieve a lower tax rate. “Certainly businesses are required to pay their owners reasonable compensation,” Greenberg said. ... [Read full article on Guardian ]
Thursday 27th of April 2017 01:33:58 PM
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.... . The airline offered compensation to all customers on board the flight. ... [Read full article on BBC ]
Thursday 27th of April 2017 05:53:35 AM
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.... The 3ft (90cm) animal, called Simon, was found dead in the cargo hold when the flight arrived at O’Hare airport from London Heathrow, and an investigation has since been launched. The offer of increased compensation came after rival Delta outlined plans to offer up to $9,950 in such cases. ... [Read full article on Guardian ]
Thursday 27th of April 2017 02:43:53 PM
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.... Airlines are only obliged to pay passengers a maximum of around £1,200 when their luggage is lost or damaged. The threshold was set in 1999 by the Montreal Convention which harmonises compensation rules for international flights. ... [Read full article on Guardian ]
Monday 24th of April 2017 06:00:04 AM
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....Sir Peter Bottomley, MP for Worthing West, has led the campaign against leasehold abuse in parliament. He called on other developers to match the compensation to be offered to buyers of Taylor Wimpey homes. ... [Read full article on Guardian ]
Thursday 27th of April 2017 11:35:12 AM
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....United also issued a report about the incident on Thursday, in which Munoz acknowledges that he “messed up” with his initial response to the incident. The report detailed several new policies to deal with overbooked flights, including increasing the amount of compensation that can be offered as an incentive so passengers volunteer to be bumped off an overbooked flight. ... [Read full article on Guardian ]
Thursday 27th of April 2017 07:51:18 PM
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....6% to 416m euros. Santander UK took a further £32m charge to cover claims for payment protection insurance compensation. ... [Read full article on BBC ]
Wednesday 26th of April 2017 10:31:49 AM
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....More recently, the firm was embroiled in a mis-selling scandal, for which it was fined £7. 4m and had to pay more than £11m in compensation to customers. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 06:06:32 PM
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....9m from a long-term incentive plan, plus a one-off payment of £3. 6m in compensation for bonuses he lost when he left his previous employer. ... [Read full article on Guardian ]
Thursday 27th of April 2017 06:13:55 PM
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....Lloyds Banking Group has appointed a retired high court judge to investigate its handling of fraud at its HBOS branch in Reading. The bank also announced that it will start making compensation payments next month to customers who lost out as a result of the incident. ... [Read full article on Guardian ]
Wednesday 26th of April 2017 11:03:08 AM
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....”. On top, Admiral has agreed to pay you £200 compensation. ... [Read full article on Guardian ]
Sunday 30th of April 2017 05:59:20 AM
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Latest Finance News related to Compensation

Warranty work on my VW’s audio system turned into an £1,800 accident repair bill image
....”. On top, Admiral has agreed to pay you £200 compensation. ...
Whiplash: the myth that funds a £20bn gravy train image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
....In a remarkable piece for the Irish Times, Dr Charles Marks, a lecturer at University College Cork, says the medical profession is as guilty as the lawyers. “For 20 years I wrote medical reports which were economical with the truth … the truth being, there was very little wrong with the vast majority of compensation claimants that I saw. ...
Is Triodos the ethical bank that could replace the Co-op? image
Source : Guardian [Read Article] Saturday 29th of April 2017 06:00:22 AM
....While most banks offering products to consumers have a UK banking licence and £85,000 Financial Services Compensation Scheme (FSCS) protection, European banks are allowed to operate here under their home country’s regulations in a system known as passporting. This means that consumers banking with a such a bank are covered by its home country’s compensation scheme and not the UK’s. ...
Doctor dragged off United Airlines flight reaches undisclosed settlement image
Source : Guardian [Read Article] Thursday 27th of April 2017 07:51:18 PM
....United also issued a report about the incident on Thursday, in which Munoz acknowledges that he “messed up” with his initial response to the incident. The report detailed several new policies to deal with overbooked flights, including increasing the amount of compensation that can be offered as an incentive so passengers volunteer to be bumped off an overbooked flight. ...
AstraZeneca shareholders revolt over chief executive's £13m pay image
Source : Guardian [Read Article] Thursday 27th of April 2017 06:13:55 PM
....9m from a long-term incentive plan, plus a one-off payment of £3. 6m in compensation for bonuses he lost when he left his previous employer. ...
United Airlines to offer up to $10,000 for passengers to give up seats image
Source : Guardian [Read Article] Thursday 27th of April 2017 02:43:53 PM
.... The 3ft (90cm) animal, called Simon, was found dead in the cargo hold when the flight arrived at O’Hare airport from London Heathrow, and an investigation has since been launched. The offer of increased compensation came after rival Delta outlined plans to offer up to $9,950 in such cases. ...
​Trump tax plan could save him millions under guise of helping small businesses image
....He said that anti-abuse rules in Trump’s tax code, if it is passed by Congress, could stop some business owners from aggressively re-categorizing their income to achieve a lower tax rate. “Certainly businesses are required to pay their owners reasonable compensation,” Greenberg said. ...
Taylor Wimpey to pay up to £130m to settle ground rent scandal image
Source : Guardian [Read Article] Thursday 27th of April 2017 11:35:12 AM
....Sir Peter Bottomley, MP for Worthing West, has led the campaign against leasehold abuse in parliament. He called on other developers to match the compensation to be offered to buyers of Taylor Wimpey homes. ...
Taylor Wimpey apologises in leasehold dispute image
Source : BBC [Read Article] Thursday 27th of April 2017 10:45:30 AM
....MPs have described the situation as a "national scandal" and the "PPI of the house building industry". Other builders have also been criticised for drawing up similar contracts, but are yet to set aside compensation. ...
Lloyds Bank's profits rise despite 'challenging' times image
Source : BBC [Read Article] Thursday 27th of April 2017 06:33:36 AM
United Airlines to offer up to $10,000 for forfeiting seat image
Source : BBC [Read Article] Thursday 27th of April 2017 05:53:35 AM
.... . The airline offered compensation to all customers on board the flight. ...
Swinton insurance cuts 900 jobs as customers switch to online image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:06:32 PM
....More recently, the firm was embroiled in a mis-selling scandal, for which it was fined £7. 4m and had to pay more than £11m in compensation to customers. ...
Lloyds appoints ex-high court judge to review handling of HBOS fraud image
Source : Guardian [Read Article] Wednesday 26th of April 2017 11:03:08 AM
....Lloyds Banking Group has appointed a retired high court judge to investigate its handling of fraud at its HBOS branch in Reading. The bank also announced that it will start making compensation payments next month to customers who lost out as a result of the incident. ...
Santander chief warns on 'changeable' UK economy image
Source : BBC [Read Article] Wednesday 26th of April 2017 10:31:49 AM
United Airlines 'saddened' by death of giant rabbit after transatlantic flight image
....The 3ft (90cm) continental giant rabbit, which was 10 months old and named Simon, died while travelling from London Heathrow to O’Hare airport in Chicago. The airline revealed it had offered the customer compensation and, contrary to previous reports, clarified that the animal was alive when it was taken off the flight. ...
How disabled travellers still face discrimination by airlines image
Source : Guardian [Read Article] Monday 24th of April 2017 06:00:04 AM
.... Airlines are only obliged to pay passengers a maximum of around £1,200 when their luggage is lost or damaged. The threshold was set in 1999 by the Montreal Convention which harmonises compensation rules for international flights. ...
Low rates, tight margins: the mortgage market looks worryingly familiar image
.... Anyone who has received a formal written reprimand from their employer must surely be ready to waive any bonus that might have been due. So far, Barclays has only promised “a very significant compensation adjustment”, the precise value of which will be decided once the regulators have finished their investigations. ...
BHS crash sets trend for a chain of closures on UK high streets image
Source : Guardian [Read Article] Saturday 22nd of April 2017 03:00:17 PM
....Most BHS staff received very little redundancy pay, even though some had spent decades at the group. This month just over 100 former BHS workers were awarded up to £1m in compensation because proper procedures were not followed when they were let go by the administrators. ...
United Airlines to tie executive pay to customer satisfaction image
Source : BBC [Read Article] Saturday 22nd of April 2017 01:29:14 AM
.... . "United's management and the board take recent events extremely seriously and are in the process of developing targeted compensation program design adjustments to ensure that employees' incentive opportunities for 2017 are directly and meaningfully tied to progress in improving the customer experience," the filing said. ...
Volkswagen to pay $2.8bn for cheating on US diesel emissions tests image
Source : Guardian [Read Article] Friday 21st of April 2017 03:38:12 PM
....Separately, VW is paying $1. 5bn in a civil case brought by the government and spending $11bn to buy back cars and offer other compensation. ...
UK bank accounts of Iranian customers still being closed, says law firm image
....”. Vahid said her firm has secured compensation in most of those cases, often as the result of pre-trial settlements. ...
Average UK car insurance premiums up 8% in a year image
Source : Guardian [Read Article] Friday 21st of April 2017 08:54:53 AM
.... “Coupled with hikes in road tax for new cars and petrol prices rising since the start of 2017, it’s likely that many drivers will feel the cost of motoring burning a sizeable hole in their pockets,” said a spokesperson. The change to the way in which compensation for serious personal injuries is calculated – the so-called Ogden discount rate – is also likely to lead to big additional costs, says the ABI. ...
Which? survey reveals best and worst UK broadband providers image
Source : Guardian [Read Article] Friday 21st of April 2017 06:00:11 AM
....The digital minister, Matt Hancock, added: “Too many people are suffering from poor customer service when things go wrong with their broadband. Getting a better deal for consumers is at the heart of our digital economy bill, which strengthens Ofcom’s power to make sure providers pay automatic compensation when service falls short. ...
Car insurance premiums jumped by 8% in past year image
Source : BBC [Read Article] Thursday 20th of April 2017 11:06:56 PM
...."Further rising costs could spell more misery for millions of motorists," said the ABI. "The change to the way in which compensation for serious personal injuries is calculated - the discount rate - will lead to massive additional costs for insurers. ...
TalkTalk and BT rated worst for broadband in Which? survey image
Source : BBC [Read Article] Wednesday 19th of April 2017 11:02:09 PM
.... . "Getting a better deal for consumers is at the heart of our Digital Economy Bill, which strengthens Ofcom's power to make sure providers pay automatic compensation when service falls short. ...
A feel-bad factor as npower break into my late granny’s home image
Source : Guardian [Read Article] Wednesday 19th of April 2017 06:00:13 AM
.... I’ve also had to chase third-party contractors on npower’s behalf to reinstate the meters. After offering £50 to repair the damage and £120 for the missed appointments and stress, npower has closed our complaint and accused us of “chasing compensation”. ...
iRobot sues Hoover and Black & Decker over robo-vacuums image
Source : BBC [Read Article] Tuesday 18th of April 2017 11:13:06 AM
....The Massachusetts-based company cites a variety of patents in its legal filings, including misuse of its obstacle-detection system, brush designs and navigation controls. It is seeking financial compensation and the right to block further use of its tech. ...
Financial Conduct Authority concerned over personal debt image
Source : BBC [Read Article] Tuesday 18th of April 2017 09:09:54 AM
....The FCA is launching its mission statement for this financial year. The 36-page document has considerable focus on personal finances - including plans to protect vulnerable customers, a study of long-term savings, and the completion of compensation for the mis-selling of payment protection insurance (PPI). ...
Easyjet forced couple off overbooked flight image
Source : BBC [Read Article] Monday 17th of April 2017 12:40:49 PM
. Two Easyjet passengers were removed from an overbooked flight and not offered compensation a day after a United Airlines passenger was dragged off a plane in the US. ...
Wiggle is wriggling out of responsibility for faulty folding bicycle image
Source : Guardian [Read Article] Monday 17th of April 2017 06:00:15 AM
.... I have been in correspondence with it for more than three months and it is refusing to budge. I have stressed that I am not seeking compensation or asking it to accept liability for the accident – all I want is a cycle I can have confidence in. ...
United Airlines changes policy after 'horrific' passenger ordeal image
.... . The airline offered compensation to all customers on board last Sunday's United Flight 3411. ...
Libor rigging: chancellor urged inquiry into Bank of England allegations image
....“Continuing official silence from the chancellor is not acceptable when confronted with this scale of rigging,” he said. “It is essential that we clarify who took the decisions to rig the Libor index, and when, so that the schools, NHS hospitals and local councils that lost out can be paid the compensation that is rightfully due and public confidence in our banking system and official institutions can be restored. ...
United Airlines changes crew flight policy after forcible removal fiasco image
....Footage revealed him screaming before being knocked out as he was dragged along the aisle while fellow passengers looked on and protested. All passengers on United Express flight 3411 will be compensated equal to the cost of their tickets and could take the compensation in cash, travel credits or miles, United said this week. ...
Credit Suisse bosses slash bonuses 40 percent image
Source : Guardian [Read Article] Friday 14th of April 2017 03:10:01 PM
....”. Thiam conceded that the “financial impact” of the toxic mortgage settlement with the US Department of Justice was “not appropriately reflected in the compensation of current management”. ...
BHS workers share £1m payout over failed redundancy process image
Source : Guardian [Read Article] Friday 14th of April 2017 06:59:27 AM
. A group of former BHS workers have altogether won up to £1m in compensation over the summary way they were made redundant when the retailer collapsed. ...
Credit Suisse bosses offer to cut their own bonuses by 40% image
Source : BBC [Read Article] Friday 14th of April 2017 01:30:19 AM
....Mr Thiam, who used to head insurance giant Prudential, was awarded 12m Swiss francs in total pay in 2016. He said the decision to reduce top executives' variable compensation reflects "the total confidence" they have in fixing the bank's fortunes. ...
United Airlines to refund tickets for all customers on infamous flight image
Source : Guardian [Read Article] Thursday 13th of April 2017 01:40:06 AM
....Seeking to quell the uproar over a man being dragged off a plane, United Airlines announced on Tuesday that it would refund the tickets for all customers who were on the flight when the man was removed and that it would no longer ask police to remove passengers from full flights. The airline said that passengers on United Express Flight 3411 on Sunday would be compensated equal to the cost of their tickets and could take the compensation in cash, travel credits or miles. ...
United Airlines boss Oscar Munoz will not resign image
Source : BBC [Read Article] Wednesday 12th of April 2017 12:19:37 PM
...."This can never, will never happen again on a United Airlines flight," said Mr Munoz in Wednesday morning's television interview. He was asked what the company would do in future if a seated passenger refused voluntarily to leave an overbooked plane based on the airline's compensation offer. ...
Vodafone scraps roaming fees in much of Europe image
Source : BBC [Read Article] Wednesday 12th of April 2017 12:04:10 PM
....To compensate, many were now increasing the base cost of plans to recoup lost revenues. "That doesn't seem to be the case yet with Vodafone, but I suspect over time we'll see some form of compensation," Mr Newman said. ...
Canada to tackle overbooking on flights image
Source : BBC [Read Article] Tuesday 11th of April 2017 06:25:22 PM
.... . It is expected to include compensation rules for those denied boarding due to factors within the carrier's control. ...
Flyer beware: why the customer isn't always right at 40,000ft image
Source : Guardian [Read Article] Tuesday 11th of April 2017 05:03:37 PM
.... “It is a very rare set of circumstances,” says Kevin Clarke, a flight-delay specialist at UK law firm Bott & Co. Pointing out that US airlines usually seek, and find, volunteers to come off full flights in exchange for compensation, he adds: “It can be a question of who backs down first. ...
Car insurance premiums 'jump by £110' image
Source : BBC [Read Article] Monday 10th of April 2017 11:09:14 PM
....com spokeswoman said. Insurers have also raised prices in response to a new formula for calculating compensation payments, according to the comparison site's research. ...
High court approves £129m fine for Tesco over accounting scandal image
Source : Guardian [Read Article] Monday 10th of April 2017 06:18:16 PM
.... The ruling means that Tesco will pay out £235m to settle investigations into the 2014 accounting scandal. As well as the £129m, it has separately agreed with the Financial Conduct Authority to pay about £85m in compensation to investors affected by a trading statement on 29 August 2014 that overstated profits. ...
Wells Fargo takes back $75m from ex-executives after fake accounts scandal image
.... The bank remains under investigation in several states, as well as by the Securities and Exchange Commission, for its practices. The board’s report recommended that Stumpf and Tolstedt have additional compensation clawed back for their negligence and poor management. ...
Tesco looks to draw a line under accounting scandal image
Source : Guardian [Read Article] Sunday 9th of April 2017 06:00:00 AM
....It used to be said that Tesco was so popular that one in every eight pounds spent in the UK retail sector ended up in the supermarket’s jingling tills. Some £214m of that hard-earned money could soon be weighing down the pockets of the Serious Fraud Office, and of investors affected by its 2014 accounting scandal, in the form of fines and compensation, after a settlement agreement last month. ...
Lloyds to pay £100m fraud compensation image
Source : BBC [Read Article] Friday 7th of April 2017 08:40:13 AM
....They will also be helped with legal fees, and have their existing debts written off. Joanne Dove, who said the fraud had caused the collapse of her environmentally-friendly nappy business, said she welcomed the news that money was being set aside for compensation. ...
Lloyds expects payouts to HBOS fraud victims to total £100m image
Source : Guardian [Read Article] Friday 7th of April 2017 08:16:49 AM
. Lloyds Banking Group expects compensation payouts for victims of fraud at the hands of former HBOS staff to total around £100m. ...
£100MILLION - that's how much Lloyds expects to pay out in fraud compensation image
. The lender said that it will pay compensation for "economic losses, distress and inconvenience" as part of a package of measures to assist victims. ...
Sir Elton John among 63 new phone-hacking claims image
Source : BBC [Read Article] Wednesday 5th of April 2017 05:13:31 PM
....Sir Elton John and Gordon Ramsay are taking action against the publisher of the Sun and defunct News of the World over phone-hacking claims. The singer and celebrity chef are among 63 alleged victims to have issued a bid for compensation at the High Court. ...
Deliveroo accused of 'creating vocabulary' to avoid calling couriers employees image
.... An initial 20 delivery riders involved in the case say they are employees and not, as the company argues, self-employed contractors. In the latest challenge to employment conditions in the gig economy, the riders are seeking compensation for not receiving holiday pay and for being paid wages below the legal minimum for employees. ...
Thousands of Tesco jobs at risk under plan to axe some night shifts image
Source : Guardian [Read Article] Wednesday 5th of April 2017 04:55:52 PM
....The DPA relates to Tesco subsidiary Tesco Stores Ltd. The supermarket has also agreed to pay £85m in compensation to investors affected by the window when there was a false market for its shares. ...
UK new car sales speed to record high image
Source : Guardian [Read Article] Wednesday 5th of April 2017 09:14:46 AM
....This solution is also backed by ClientEarth, the environmental law firm that has twice defeated ministers at the high court over the government’s illegally poor air pollution plans. James Thornton, chief executive of ClientEarth, said: “The prime minister must get on the side of ordinary car drivers and stand up to the car industry by committing to a programme of mandatory vehicle recall, compensation, random on-road testing and a clean-car label based on real-world emissions. ...
Billionaire Warren Buffett becomes face of Cherry Coke in China image
Source : Guardian [Read Article] Wednesday 5th of April 2017 07:17:20 AM
....3% stake valued at about $17bn. “Incidentally, there is no compensation involved,” Buffett told Yahoo Finance of the use of his image for “a limited promotional period”. ...
UK holidaymakers must keep EU rights after Brexit, says Abta image
Source : Guardian [Read Article] Tuesday 4th of April 2017 06:01:44 AM
....The British travel industry is urging the government to protect the many benefits currently enjoyed by UK holidaymakers under EU membership, including visa-free travel and free or reduced healthcare, in Brexit negotiations. The Association of British Travel Agents (Abta) wants ministers to maintain Britons’ ability to travel freely within Europe and beyond and protect existing consumer rights including compensation for delayed and cancelled flights. ...
Bombardier defers executive salary rises amid outcry image
Source : BBC [Read Article] Monday 3rd of April 2017 05:32:16 PM
...."Over the past 75 years, our fellow citizens have always been by our side," said Bombardier chief executive Alain Bellemare on Sunday night. "It is because of this deep relationship that we are sensitive to the public reaction to our executive compensation practices. ...
Tesco has settled with the SFO – but it faces more headaches ahead | Nils Pratley image
....Tesco may even be delighted that the FCA has designed a redress scheme for disgruntled investors who bought Tesco shares and bonds in the few weeks before the overstatement was corrected. An orderly process to award compensation, even one that could cost Tesco £85m, sounds less messy than several rounds of legal argy-bargy. ...
Plumbing firm Wolseley leads FTSE higher image
Source : BBC [Read Article] Tuesday 28th of March 2017 08:21:08 AM
....The agreement - which still requires approval by the High Court - only covers Tesco Stores and does not address whether liability of any sort applies to the larger international group Tesco PLC or any of its employees. Tesco is paying a £129m fine and will also pay £85m in compensation to shareholders. ...
Tesco to pay £129m fine over accounting scandal image
Source : Guardian [Read Article] Tuesday 28th of March 2017 07:16:54 AM
.... The DPA relates to Tesco subsidiary Tesco Stores Ltd. The supermarket group has separately agreed with the FCA to pay about £85m in compensation to investors affected by a trading statement on 29 August 2014 that overstated profits. ...
Tesco fined £129m for overstating profits image
Source : BBC [Read Article] Tuesday 28th of March 2017 06:35:26 AM
....Even that was not the full story, the overstatement was subsequently revised up to £326m. The compensation order is a first for the FCA, although it has not imposed its own penalty, and Tesco has accepted the regulator's finding of "market abuse". ...
Is being fined 1% of its profits just a mild irritation for BT? It looks like it | Stefan Stern image
....5bn in pre-tax profits in the last financial year, is it really such a large amount? It is just over 1% of those profits – a small price to pay for having let down your customers (and competitors) on a sustained basis. Openreach, the BT division that provides (or doesn’t) high-speed broadband, was found not to have paid proper compensation for failing to connect up its customers on time. ...
Deliveroo riders plan legal action over employment rights image
Source : Guardian [Read Article] Monday 27th of March 2017 04:37:56 PM
....The 20 delivery riders say they are employees and not, as the company argues, self-employed contractors. In the latest challenge to employment conditions in the gig economy, they are seeking compensation for not receiving holiday pay and for being paid wages below the legal minimum for employees. ...
UK's borrowing binge is worrying the Bank of England image
Source : Guardian [Read Article] Monday 27th of March 2017 02:29:00 PM
....The government has been left with copious amounts of egg on its face over the decommissioning of 12 Magnox nuclear reactors built in the 1960s. Greg Clark, the business secretary, has been forced to terminate a 14-year clean-up contract nine years early, and his department will have to pay compensation of almost £100m because because the procurement process was mishandled to the detriment of two companies that bid for the contract. ...
Flawed nuclear tender sees £100m payout to firms image
Source : BBC [Read Article] Monday 27th of March 2017 11:52:11 AM
....Two US firms which lost out on a decommissioning contract to clean up 12 nuclear sites in the UK will receive £97. 5m compensation. ...
BT fined £42m over delays to high-speed cable installation image
Source : Guardian [Read Article] Monday 27th of March 2017 03:54:47 AM
. BT has been fined £42m, the largest penalty imposed by regulator Ofcom, and will have to pay an estimated £300m in compensation to rival telecoms companies over delays installing high-speed internet connections. ...
BT fined record £42m for late installations image
Source : BBC [Read Article] Monday 27th of March 2017 12:47:14 AM
....Ofcom said the fine was the largest it had ever handed down. It found BT's Openreach division had cut compensation payments to telecoms providers for delays in installing the lines between early 2013 and late 2014. ...
The Crusader: London removals firm fails to deliver clients' belongings image
Source : Daily Express [Read Article] Monday 27th of March 2017 12:01:00 AM
.... . After we put Cass’s complaint to Handy Moves it raised its compensation offer from £300 to £400 and stated: “Ms Helstrip has agreed to a compensation figure we offered. ...
Taking the easy option with car insurance renewal can be costly image
Source : Daily Express [Read Article] Sunday 26th of March 2017 12:01:00 AM
.... . Pratt says that reforms to personal injury pay-out calculations, known as the Ogden compensation rate, will add another £70: “This makes it more important than ever to be proactive at renewal. ...
Up in smoke: the VW emissions  ‘fix’ has left our car undriveable image
Source : Guardian [Read Article] Saturday 25th of March 2017 07:00:03 AM
.... Lawyers claim British drivers should be compensated because they paid more for what they thought were clean diesel cars. Each motorist is seeking thousands of pounds in compensation. ...
Broadband users in line for millions in Ofcom compensation plan image
Source : Guardian [Read Article] Friday 24th of March 2017 09:31:46 AM
....It estimates that as many as 2. 6 million customers could receive up to a total of £185m in compensation payments each year under the scheme. ...
Ofcom plans instant payback for broadband woes image
Source : BBC [Read Article] Friday 24th of March 2017 07:38:46 AM
....Landline and broadband customers who suffer poor service could get money back automatically under plans set out by the telecoms regulator, Ofcom. Under the proposals, they would no longer have to "fight tooth and nail" to get "fair compensation", Ofcom said. ...
Call to give fathers allocated leave to improve uptake image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:33 PM
....Sarah Jackson, chief executive of Working Families, said men should have paternity rights from their first day on the job, saying currently they faced “huge inequality … right from the start”. Most flexible working cases never make it to an employment tribunal, she added, because the compensation was set at a maximum of eight weeks’ pay – a figure that was not worth most employees losing their job for. ...
Boss of British Gas owner gets 40% pay rise as millions live in fuel poverty image
....Much of the increase in Conn’s remuneration package is a £1. 4m “recruitment award”, compensation for rewards he forfeited when he joined Centrica in January 2015 after a 29-year career at BP. ...
Carney: Bank of England deputy should not have quit for 'honest mistake' image
....“She was formally warned in the strongest, and most public, of terms. There were consequences for her compensation. ...
Carney defends Bank of England over Hogg resignation image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:22:41 AM
.... . This included reducing opportunities for bad behaviour and requiring compensation rules "that align better risk and reward". ...
NHS trust triples injury payout to £9.3m under controversial new rules image
. The first case settled under controversial new compensation rules for serious injuries has seen an NHS trust forced to nearly triple its payout to a 10-year-old girl left with cerebral palsy from £3. ...

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