Topic filter : Penalty

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....The bedroom tax, introduced in 2013 for occupants of housing association or council property, presents a mirror image of Airbnb. In a society where the idea of public housing has collapsed, a financial penalty is imposed on people in social housing with a spare room, while those who are lucky enough to own a house with extra space find themselves with an additional source of revenue. ... [Read full article on Guardian ]
Thursday 25th of May 2017 04:30:19 AM
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....". Although Mr Allen felt the directors should face some sort of financial penalty, he added: "I know it's not going to happen. ... [Read full article on BBC ]
Monday 22nd of May 2017 12:12:00 AM
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.... It will, as the current RBS chief executive Ross McEwan put it, “take the organisation back to 2008”. As it is, McEwan is still grappling with problems that date back a decade: the multibillion-pound penalty from the US authorities over the mis-selling of mortgage bonds, and disposal of 300 branches demanded by the EU as punishment for its bailout. ... [Read full article on Guardian ]
Sunday 21st of May 2017 05:59:46 AM
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....But the long run of awful wages growth may be enough to shake up the debate. We have already seen the ALP proposing to have penalty rates protected by legislation, and Katharine Murphy reported on Friday that Bill Shorten and the ALP’s workplace relations spokesperson, Brendan O’Connor, have recently met with the ACTU executive to discuss IR policy. ... [Read full article on Guardian ]
Monday 22nd of May 2017 10:00:35 PM
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....3bn. Shareholders will also have reflected that SFO investigations tend to take ages and, even when the company admits criminal activity (which Petrofac doesn’t), the process can conclude these days with a deferred prosecution agreement, or DPA, and the payment of a financial penalty that can be chunky but not life-threatening. ... [Read full article on Guardian ]
Friday 26th of May 2017 05:00:03 AM
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Latest Finance News related to Penalty

Petrofac's move to appease SFO offers fuel for thought | Nils Pratley image
....3bn. Shareholders will also have reflected that SFO investigations tend to take ages and, even when the company admits criminal activity (which Petrofac doesn’t), the process can conclude these days with a deferred prosecution agreement, or DPA, and the payment of a financial penalty that can be chunky but not life-threatening. ...
The great London property squeeze image
Source : Guardian [Read Article] Thursday 25th of May 2017 04:30:19 AM
....The bedroom tax, introduced in 2013 for occupants of housing association or council property, presents a mirror image of Airbnb. In a society where the idea of public housing has collapsed, a financial penalty is imposed on people in social housing with a spare room, while those who are lucky enough to own a house with extra space find themselves with an additional source of revenue. ...
Australians aren't being paid for their productivity. Get set for an industrial relations war | Greg Jericho image
....But the long run of awful wages growth may be enough to shake up the debate. We have already seen the ALP proposing to have penalty rates protected by legislation, and Katharine Murphy reported on Friday that Bill Shorten and the ALP’s workplace relations spokesperson, Brendan O’Connor, have recently met with the ACTU executive to discuss IR policy. ...
RBS court battle with investors adjourned image
Source : BBC [Read Article] Monday 22nd of May 2017 12:12:00 AM
....". Although Mr Allen felt the directors should face some sort of financial penalty, he added: "I know it's not going to happen. ...
Car loans, low rates, second mortgages: all the ingredients for a new credit crunch image
.... It will, as the current RBS chief executive Ross McEwan put it, “take the organisation back to 2008”. As it is, McEwan is still grappling with problems that date back a decade: the multibillion-pound penalty from the US authorities over the mis-selling of mortgage bonds, and disposal of 300 branches demanded by the EU as punishment for its bailout. ...
VW emissions: bosses face investigation over claims they misled investors image
.... It has agreed to at least $16bn (£12bn) in civil settlements with environmental authorities and car owners in the US, and to a $4. 3bn criminal penalty. ...
Chinese hackers must pay $9m over insider trading scam image
Source : BBC [Read Article] Thursday 11th of May 2017 12:04:50 PM
.... . It said each should pay a the maximum penalty available, as well as returning their ill-gotten gains. ...
New rules spark sharp rise in health and safety fines image
Source : BBC [Read Article] Monday 8th of May 2017 03:43:11 PM
.... . They also judge a penalty using metrics such as the seriousness of an offence and likelihood of harm in cases of "near misses". ...
Bristol housing charity tops list of UK’s most-prosecuted landlords image
.... Housing officers who inspected his homes reported that he had failed to install adequate heating in the houses in multiple occupation – with some tenants wearing coats indoors and others sleeping on the sofa rather than the bedroom because they could not afford to keep more than one room warm. Over 2015 and 2016 the biggest financial penalty imposed on a landlord was £162,000. ...
Diesel scrappage scheme being considered image
Source : BBC [Read Article] Friday 5th of May 2017 12:51:15 PM
....The move has been applauded by the Society of Motor Manufacturers and Traders. "SMMT welcomes the publication of the government's proposals for improving air quality across the UK, which clearly states that the new Euro 6 diesels which have been on sale for the past two years will not face any penalty charges anywhere in the UK," said Mike Hawes, SMMT Chief Executive. ...
No 'peace' for internet users accusing BT of empty promises over broadband speeds image
.... Customers are urged to use the Which? web tool to test broadband speeds, and to complain if they fall short. Under Ofcom guidelines, customers are entitled to exit a contract without penalty if they don’t receive the service for which they are paying. ...
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
.... “There is no such thing as free banking because someone else always pays. ‘Free’ accounts are usually subsidised with high penalty charges and hidden fees, so the most vulnerable customers, or those making a rare miscalculation with the household finances, end up paying an exorbitant price. ...
Barclays chief admits he 'made a mistake' over whistleblowing case image
Source : Guardian [Read Article] Friday 28th of April 2017 08:27:59 AM
....The bank has previously disclosed that the City regulator wants to fine it £50m for reckless misconduct during the time of the cash calls which kept it out of the clutches of the government bailout programme of the time. Barclays is fighting this penalty which has been put on hold while the SFO investigation continues. ...
Brand Masha image
Source : BBC [Read Article] Saturday 22nd of April 2017 11:27:22 PM
.... . "But I am sure there will have been some sort of penalty clause in her sponsor contracts for incurring a suspension. ...
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
....Volkswagen has been ordered to pay a $2. 8bn criminal penalty in the United States for cheating on diesel emissions tests. ...
Adidas apologises for 'you survived Boston Marathon' email image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:31:28 AM
....Security checks were carried out before this year's race with police sniffer dogs and armed officers stationed throughout the course. In 2015, Dzhokhar Tsarnaev was found guilty of being behind the attacks and was sentenced to the death penalty. ...
Should you resist Lisa … out to lure you into saving for a property or retirement? image
....The maximum you can pay in each year is £4,000, coming out of your £20,000 annual Isa allowance, compared to £40,000 for a pension. A pension can be drawn after the age of 55, but with a Lisa you have to wait until 60 if you want to keep the bonus and avoid the penalty – unless you’re using the cash to buy a first home. ...
NS&I launches new market-leading investment bond with rate of 2.2 per cent image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 12:01:00 AM
....com for the next 12 months. Savers wanting to withdraw their money before the end of the three-year term face a penalty equal to 90 days’ interest on the amount cashed in. ...
The early bird Isa investor catches the best returns image
Source : Daily Express [Read Article] Wednesday 12th of April 2017 12:01:00 AM
....“The maximum you can pay in is £4,000 per tax year, which would give you a £1,000 bonus on top,” Onslow says. He adds you need to understand the small print: “A hefty withdrawal penalty of 25 per cent applies if you access these savings before 60 for anything other than contributing to buying your first home. ...
Government launches ‘market-leading’ savings account image
Source : Guardian [Read Article] Tuesday 11th of April 2017 03:25:30 PM
.... However, the interest is taxable, so it will count towards your personal savings allowance. You are allowed to cash in all or part of your bond before the three years are up, but if you do, NS&I will deduct a penalty equal to 90 days’ interest on the amount you cash in (you will need to keep a balance of at least £100 to keep your bond open). ...
Broadband prices penalise loyal customers - Citizens Advice image
Source : BBC [Read Article] Monday 10th of April 2017 11:07:59 PM
....The charity said more than a third of customers were unaware of the price increases. The rises amount to a "loyalty penalty" for customers who stay with the same provider, Citizens Advice said. ...
Supreme court upholds ban on term-time holidays image
Source : Guardian [Read Article] Thursday 6th of April 2017 09:31:39 AM
....3%. Speaking outside the supreme court after the judgment, Platt said he would fight against paying the penalty notice when the case returned to the magistrates court. ...
Lifetime ISA: Everything you need to know about the new LISA savings account  image
Source : Daily Express [Read Article] Wednesday 5th of April 2017 12:55:00 PM
.... What's the catch?Savings can only be used towards the deposit on a first home or taken at retirement aged 60. Those who take the money earlier will lose the bonus, and occur a hefty 25 per cent charge on cash - though this penalty will not be introduced until April 2018. ...
UK's gender pay rankings will put discrimination under spotlight image
Source : Guardian [Read Article] Sunday 2nd of April 2017 12:16:22 PM
.... Given there are laws against men earning more than women for doing exactly the same work, gaps are rarely down to outright discrimination. One factor often flagged for women’s lower earnings is the time they take out to have children and the nature of work they return to – the so-called motherhood pay penalty. ...
Pension changes: Workers warned as tax perks SLASHED after April 5 image
Source : Daily Express [Read Article] Saturday 1st of April 2017 09:01:00 AM
....". He added: "Many employers will offer higher contribution rates than this, meaning middle income earners could end up being hit with a shock tax penalty on their pension savings. ...
Lifetime ISA providers: Switch from Help To Buy to save for a home with new LISA accounts image
.... However, cash can only be used to buy a first home - or taken for retirement at the age of 60. Taking money in any other circumstances will mean losing the bonus, as well as a stinging 25 per cent charge - although this penalty will not be introduced until April 2018. ...
WhatsApp leak lands ex-investment banker with £37,000 fine image
Source : Guardian [Read Article] Thursday 30th of March 2017 12:35:59 PM
....Niehaus was suspended from Jefferies during the disciplinary process and resigned before its completion. The penalty was reduced by 15% because the former banker admitted the actions to the FCA in an early interview. ...
Tesco to pay £129m fine over accounting scandal image
Source : Guardian [Read Article] Tuesday 28th of March 2017 07:16:54 AM
....25% a year for institutional investors, or 4% a year for retail investors. Auditor KPMG has been appointed to administer the compensation scheme with oversight from the FCA, which has not imposed a penalty on Tesco. ...
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". ...
Tesco and Serious Fraud Office near to deal over accounting scandal image
Source : Guardian [Read Article] Monday 27th of March 2017 05:46:01 PM
....The Serious Fraud Office and Tesco are within days of announcing a settlement that could mean Britain’s biggest supermarket chain will pay a multimillion-pound fine over an accounting scandal. Under the deferred prosecution agreement (DPA), Tesco would pay a penalty that could be well over £100m and agree to other conditions in return for avoiding formal prosecution for overstating its profits. ...
Is being fined 1% of its profits just a mild irritation for BT? It looks like it | Stefan Stern image
....4bn litres of untreated sewage into the Thames and on riverside land in 2013 and 2014. At 4% of £500m pre-tax profits, this was a slightly larger penalty. ...
Dyson plays down hard Brexit concerns as company posts £2.5bn record sales image
....Sir James Dyson, the billionaire investor, has played down concerns that a “hard Brexit” could harm the UK economy by claiming that World Trade Organisation tariffs have not prevented his technology company from achieving record financial results. Dyson said that WTO tariffs – which range from 5% to 10% – had “not held us back at all” and were a “tiny penalty to pay” for trading with Europe. ...
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. ...
The Trump bump for shares is dented – but watch where the oil price goes | Nils Pratley image
.... But if he thinks a £20. 3m penalty will impress Thames shareholders – a crew of infrastructure and sovereign wealth funds who have done splendidly over their decade of ownership – he needs to raise his sights. ...
Call to give fathers allocated leave to improve uptake image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 06:23:33 PM
....The inquiry comes after the 2017 Modern Families Index found that more than half of millennial fathers want to be demoted into a less stressful job in order to be a better parent. It also warned of a “fatherhood penalty” for men who want to be more involved in the upbringing of their children, with 44% admitting to lying to their employer about family-related responsibilities that “get in the way” of work. ...
Now you can forget your railcard (once) without being charged a fortune image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 04:13:36 PM
....A stony-faced inspector approaches, and passengers fumble in panic for their train tickets. It’s an everyday experience on Britain’s trains, but one disabled traveller’s battle over an extraordinary £400 “penalty” after failing to show his railcard has played its part in forcing overzealous inspectors to backtrack. ...
Thames Water fined £20m for sewage spill image
Source : BBC [Read Article] Wednesday 22nd of March 2017 12:40:05 PM
....The £20. 3m fine is the largest penalty handed down to a water utility for an environmental disaster. ...
Thames Water hit with record £20m fine for huge sewage leaks image
Source : Guardian [Read Article] Wednesday 22nd of March 2017 11:49:38 AM
....”. The previous record fine was the £2m penalty imposed on Southern Water in December for flooding beaches in Kent with raw sewage, which left them closed to the public for nine days. ...
Eight tax changes savers should watch out for from April 2017 image
Source : Daily Express [Read Article] Tuesday 21st of March 2017 01:47:00 PM
.... . “Your money may be withdrawn penalty free to purchase your first home costing up to £450,000, or withdrawn after age 60 to use in retirement. ...
Google and Facebook now paying full tax, Australia says image
Source : BBC [Read Article] Tuesday 21st of March 2017 08:36:40 AM
....A new law targets global companies with annual incomes of more than A$1bn. Firms were told if they did not pay what was due they would be taxed at a penalty rate of 40%. ...
Deutsche Bank cuts staff bonuses image
Source : BBC [Read Article] Monday 20th of March 2017 09:25:46 AM
....In the final three months of 2016 alone the bank lost 1. 9bn euros, mainly thanks to a record penalty in the US. ...
Five-minute guide to…The resurgence of first-time buyers image
Source : Daily Express [Read Article] Sunday 19th of March 2017 12:01:00 AM
....Before age 60, the savings can be used only as a deposit towards a home costing up to £250,000 or £450,000 in London. Withdrawals for any other reason will be penalised, though it can be taken penalty-free after 60. ...
An automated world is coming but can we make sure no-one is left behind? | Greg Jericho image
....So automation might be a future with more output but fewer jobs. So what to do? And what good is cutting penalty rates to lower costs for people working in takeaway shops when a robot is able to cook and wrap a burger (along with any other job that was once considered safe from automation because it was seen as a service)?. ...
Interest-only mortgage deals: Bank to help 100,000s borrowers with new change image
Source : Daily Express [Read Article] Wednesday 15th of March 2017 02:15:00 PM
....25 per cent. Customers will also be able to make additional payments to their mortgage without penalty, or repay their mortgage in full at any time. ...
Christian Candy's finance chief denies 'good cop, bad cop' game image
Source : Guardian [Read Article] Tuesday 14th of March 2017 05:51:04 PM
.... “Mark actually said he was going to make the payment . It was Mark who suggested that it was a penalty. ...
Savers and Pensions: How the Chancellor's spring BUDGET plans can affect you  image
Source : Daily Express [Read Article] Sunday 12th of March 2017 03:23:00 PM
....The money can be used only as a deposit on your fi rst-ever home, which cannot cost more than £250,000, or £450,000 in London. Savers who draw money before age 60 for any other reason will pay a stinging 25 per cent penalty. ...
Doubts over new 'leading' savings deal announced in Budget image
Source : BBC [Read Article] Friday 10th of March 2017 10:37:00 AM
....Savers are expected to lock in their money for three years. Anyone accessing their money early will be charged a penalty equal to 90 days' interest on the amount cashed in. ...
RBS awards nearly £16m of bonuses in shares to nine top executives image
Source : Guardian [Read Article] Wednesday 8th of March 2017 06:57:42 PM
.... He was also awarded nearly £3m in shares that he will start to receive from 2021, provided performance criteria are reached. Hammond has said he will not be able to sell any RBS shares while the bank awaits a penalty from the US Department of Justice for mis-selling toxic bonds in the run-up to the financial crisis and fights with Brussels over the sale of 300 branches mandated at the time of its bailout. ...
DPD and Parcelforce face MPs' questions over working conditions image
Source : Guardian [Read Article] Wednesday 8th of March 2017 02:58:20 PM
....”. Earlier this week Field said the charges appeared to be part of a “bidding war, to see who can slap the biggest penalty on workers who are sick”. ...
ZTE fined $1.1bn for flouting US sanctions against Iran image
Source : BBC [Read Article] Tuesday 7th of March 2017 08:17:10 PM
....The US said ZTE lied to authorities and its own lawyer about the violations. It must now pay a $892m (£740m) penalty as well as $300m which will be suspended for seven years depending on the firm meeting certain conditions. ...
Sick Parcelforce couriers can be charged up to £250 if they can't find cover image
....The sum is meant to cover the cost of finding a replacement courier. Parcelforce’s self-employed couriers typically earn about £200 for a shift of 12 hours or more, meaning the added penalty can see them lose out on £450 a day if they are ill. ...
Asda fined £300,000 after dead mice and flies found at delivery depot image
....“It is simply unacceptable for customers to be exposed to the potential risk of harm because a company cannot get its house in order and store foodstuff in a safe and hygienic manner. I am therefore pleased that magistrates have taken a tough stance and issued a heavy penalty. ...
Vodafone to recruit women on career breaks image
Source : BBC [Read Article] Friday 3rd of March 2017 12:01:11 AM
....About 10% of its new management hires will be women who have taken a break from work, perhaps to start a family. Women face challenges when coming back to work including a "pay penalty", according to think tank the Resolution Foundation. ...
New Lifetime ISA launched in April: Should you use it to boost retirement savings?  image
.... It means that for every £4 saved the Government will top it up with an extra £1 - thought this cash can only be used to buy a first home or taken with the savings at 60. Taking money in alternative circumstances will mean losing the bonus, as well as a stinging 25 per cent charge - although this penalty will not be introduced until April 2018. ...
More than half of new-build homes 'have major faults', plus the best city cycle schemes image
.... It’s also just 10 weeks until paper £5 notes are history, writes Rupert Jones. How ignoring a ‘scam’ penalty notice cost us £300 in fees. ...
AMC, APR, ERC explained: The ridiculous financial acronyms that serve to confuse image
Source : Daily Express [Read Article] Wednesday 1st of March 2017 09:01:00 AM
....co. uk, says the ERC is a penalty for switching deals early and can be as high as 5 per cent: “It is often tucked away in your mortgage paperwork and can be easy to miss. ...
Australia avoids recession as GDP grows 1.1% in December quarter image
Source : Guardian [Read Article] Wednesday 1st of March 2017 12:43:59 AM
....Bowen said stronger household consumption was “largely attributable to people drawing down heavily on their savings instead of any boost to their wages which are growing at generation lows”. “The national accounts show that corporate profits surged while wages and salaries in the economy fell in December,” he said, noting that penalty rates had just been cut by the Fair Work Commission for 700,000 workers. ...
Sundays aren't that special, right? Not according to the Fair Work Commission | Greg Jericho image
. The decision by the Fair Work Commission to cut penalty rates for Sundays was of course handed down on a Thursday morning. ...
Rate debate image
Source : BBC [Read Article] Friday 24th of February 2017 08:58:04 AM
....The nation's workplace tribunal, the Fair Work Commission, slashed a pay benefit for workers in the hospitality, retail, fast food and pharmacy industries. Known as penalty rates, it afforded employees higher wages - as much as 200% in some cases - on Sundays and public holidays. ...
RBS reports £7bn loss and says it will not make profit until 2018 image
Source : Guardian [Read Article] Friday 24th of February 2017 07:27:28 AM
....The 2016 loss was caused by £10bn of one-off items, including £5. 9bn set aside for looming fines and legal costs, largely related to a forthcoming penalty from the US Department of Justice (DoJ) for mis-selling toxic bonds in the run-up to the financial crisis. ...
How ignoring a ‘scam’ penalty notice cost us £300 in fees image
Source : Guardian [Read Article] Friday 24th of February 2017 07:00:25 AM
....We have had to pay a bailiffs’ fee of nearly £300 because Lambeth council has pursued us for a parking fine, even though we have never driven our car in London. We thought the penalty notice and ensuing letters were a scam, so we ignored them. ...
BT’s crossed wires over line rental refund image
Source : Guardian [Read Article] Wednesday 22nd of February 2017 07:00:27 AM
....BT has confirmed it accepts this and will be contacting customers and briefing its advisers. To be clear, if you leave a phone company mid-contract due to a significant price rise within 30 days, you should not incur penalty charges – including pre-bought line rental. ...
Government failure to act means gender pay gap will remain, say MPs image
Source : Guardian [Read Article] Tuesday 21st of February 2017 06:50:01 AM
....The gender pay gap is likely to persist for more than a generation in the UK after the government rejected proposals to encourage flexible working and help women back into the workforce, MPs have said. Without ministers putting their weight behind measures needed to end the “pay penalty” suffered by millions of women, the government will fail to meet its target of closing the gap within the next couple of decades, said the cross-party women and equalities committee. ...
Another Brexit downside: foreign giants in power grabs for famous British names image
....And a proposed deal announced by the chancellor on Friday – designed to free the bank from the necessity of having to divest 300 branches – has added to the strain on its fragile finances. To satisfy the penalty for state aid meted out by Brussels as a result of the bailout, RBS said it would need to take another £750m hit – indicating that the loss it reports on Friday will be close to a colossal £7bn. ...
Pension warning: Retirees set for SHOCK tax bill after new rules are introduced THIS April image
....". He added: "Many employers will offer higher contribution rates than this, meaning middle income earners could end up being hit with a shock tax penalty on their pension savings. ...
Treasury plan may allow RBS to avoid selling 300 branches image
Source : Guardian [Read Article] Friday 17th of February 2017 09:29:15 PM
....The chancellor, Philip Hammond, last year cited the branch disposals as one of the hurdles preventing him selling off any more of the 73% stake in the bank. The other problem is the uncertainty over the size of a penalty from the US for a toxic bond misselling scandal in the run-up to the 2008 financial crisis. ...
Uber exploiting loophole to 'spread tentacles' across UK, union says image
Source : Guardian [Read Article] Friday 17th of February 2017 05:55:20 PM
....Last month, Southend council found that two cab drivers it had previously stripped of their licences were using the Uber app to pick up passengers in the area. Nasser Hussain, 60, and Nisar Abbas, 37, had been found to be sharing penalty points for traffic offences with other drivers in order to avoid being banned. ...
Energy bills to rise up to 28% for thousands in UK as fixed contracts end image
Source : Guardian [Read Article] Wednesday 15th of February 2017 02:23:09 PM
.... However, British Gas said last week it was freezing bills. Moneysupermarket said consumers could switch penalty-free up to 45 days before their existing deal is due to end, under the regulator’s switching rules. ...
Bribery and Brexit propel Rolls-Royce towards historic losses image
Source : Guardian [Read Article] Saturday 11th of February 2017 01:42:36 PM
....Rolls-Royce will report one of the biggest losses in British corporate history this week as Brexit and a corruption scandal leave an indelible mark on the famous aerospace company. City analysts have forecast that Rolls could report a pre-tax loss of more than £4bn – its worst ever – due to the sharp decline in the value of the pound and the £671m penalty that the company has agreed to pay to settle corruption allegations. ...
Former Rolls-Royce boss questioned in corruption inquiry image
Source : Guardian [Read Article] Friday 10th of February 2017 11:31:33 AM
.... A company spokesman said King would remain on the board as a non-executive and that the change was part of a management reshuffle. The £671m payment by Rolls-Royce, of which nearly £500m will be paid to UK authorities, is the biggest ever penalty for criminal conduct for a British company. ...
Fifth of rail passengers buy wrong ticket from machines, says regulator image
Source : Guardian [Read Article] Friday 10th of February 2017 12:01:36 AM
. About one in five train passengers using ticket machines could be either paying too much or be at risk of a penalty fare, the rail regulator has said. ...
Game over! How to beat the 10% rise in the cost of your TV, phone and broadband image
....”. He says the Ofcom rules require the big telecoms firms to give customers 30 days to leave penalty-free, and if you are unhappy you should vote with your feet and switch supplier. ...
Tax return DEADLINE: Millions urged to act TODAY to avoid £100 fine  image
Source : Daily Express [Read Article] Friday 27th of January 2017 04:14:00 PM
. Self-assessments are immediately slapped with an immediate charge of £100 if its filed after January 31, with the penalty building up the later its left. ...
UK chancellor rules out cutting stake in RBS after £3.1bn US hit image
Source : Guardian [Read Article] Thursday 26th of January 2017 07:14:10 AM
....8bn) from Deutsche Bank and Credit Suisse over the same scandal. McEwan would not comment on suggestions that the US penalty represented a transfer of wealth from the UK across the Atlantic or entertain any discussion about following the route taken by Barclays to refuse to settle with the justice department. ...
Workers from poorer backgrounds face class earnings penalty – study image
Source : Guardian [Read Article] Thursday 26th of January 2017 12:01:02 AM
....The class pay gap is worse for women and for people from minority-ethnic backgrounds, according to the research, carried out for the commission by the London School of Economics and University College London. Alan Milburn, the former Labour minister who chairs the commission, said he would send details of the findings to employers and expected them to “take action to end the shocking class earnings penalty”. ...
Amartya Sen: ‘Referendums are like opinion polls. Sometimes they’re very wrong’ image
.... Good collective decision-making becomes even more feasible if it is possible to rally people, who may have started out distrustful and suspicious of some proposition, to the cause. From outlawing the death penalty to accepting the requirement to wear seatbelts, argument has changed individuals’ preferences – and social good has resulted. ...
Men and women struggle to get on at work and find time for their families image
....The reality, though, was very different. Inflexible employers, rising living costs and a society that penalised women financially for taking time out to have children led to what experts call the “motherhood penalty”. ...

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