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....The process used in Casino Royale is known as "short selling", and is basically when traders bet on a share price falling to make a quick profit. It involves someone borrowing a long-term investor's shares for a fee, and selling them on to a third party. ... [Read full article on BBC ]
Friday 21st of April 2017 11:10:46 AM
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Latest Finance News related to Third Party

Borussia Dortmund bombs: Part of an elaborate scam? image
Source : BBC [Read Article] Friday 21st of April 2017 11:10:46 AM
....The process used in Casino Royale is known as "short selling", and is basically when traders bet on a share price falling to make a quick profit. It involves someone borrowing a long-term investor's shares for a fee, and selling them on to a third party. ...
The Crusader: It PAYS to do your homework with customer service and helpline numbers image
....PSA chief executive Jo Prowse said: “Our investigation found that consumers were calling these numbers as a result of the company’s failure to provide key and clear information about the service. “Consumers clicked on links unaware that they connected to a third party and not the organisation they wanted. ...
Record company revenues hit new high image
Source : BBC [Read Article] Wednesday 12th of April 2017 11:18:29 PM
....UK artists needed to be able to tour freely in EU markets, and UK businesses needed to be able to employ the best talent, Mr Taylor argued. He added that strong intellectual property protections would need to be included in trade talks with third party countries. ...
A hole in home insurance cover that could leave millions out of pocket image
Source : Guardian [Read Article] Saturday 8th of April 2017 06:00:31 AM
.... Picone has insurance with Aviva and assumed she would be OK. After all, isn’t a bit of water damage from a burst pipe precisely the sort of thing that home insurance is supposed to cover? However, Aviva refused to help with the claim for the neighbour’s damage, saying that because Picone had buildings cover only, and not contents insurance, she wasn’t covered for “third party liability”. ...
My week as an Uber courier: my bike got stolen, but I kept my five-star rating image
.... When I eventually get hold of a human at Uber, I am told the only insurance cover is up to $1m to cover “bodily injury or property damage to third parties where the claim arises out of UberEats and UberRush operations”. Note it only pays out if I injure a third party; if an Uber cyclist gets knocked down by a cab, he or she will have to pay for his or her own ambulance/hearse. ...
Bookmakers' software under scrutiny image
Source : BBC [Read Article] Wednesday 5th of April 2017 02:32:06 PM
....The manufacturers of iesnare, a company called iovation, said it had "no access to information, such as the winning and losing history of players, nor do we have access to specific betting details". The company also said it was a third party that supplied the software and it was up to gambling companies to comply with data laws: "Every service contract signed by an iovation customer requires that the customer comply with respective data privacy laws, which includes the appropriate consent and notice provisions. ...
Poundland takes on Asda with low-cost clothing range image
Source : Guardian [Read Article] Wednesday 29th of March 2017 05:34:00 PM
....”. Williams said Poundland would also be fighting against so-called “shrinkflation” – in which prices were held while products dropped in size – by cutting costs, pushing for better deals with suppliers and replacing third party brands with own label. ...
Topshop loses managing director to The White Company image
Source : BBC [Read Article] Wednesday 29th of March 2017 11:21:38 AM
.... . "In addition to this, with international growth being a priority for The White Company, with US stores opening this summer, [Ms] Homer will bring knowledge of international expansion, both via stores and third party retailers online which has been a key focus for Topshop in recent years. ...
Co-operative Bank says it has interest of several credible buyers image
Source : Guardian [Read Article] Friday 24th of March 2017 10:12:57 AM
....A failure to agree a deal will mean that Co-op is put into “resolution” by the Bank of England. This process, based on a blueprint drawn up in the wake of the financial crisis, would involve transferring some of the bank’s business to a third party or forcing bondholders to recapitalise the firm with a “bail-in”. ...
Discovering holes in my Skoda Yeti… and in my £729 Mapfre warranty image
Source : Guardian [Read Article] Sunday 19th of March 2017 06:59:01 AM
....It is my belief that the car was fitted with a faulty part at build, which does not become evident until it achieves a reasonable mileage. It seems to me that third party warranties aren’t worth the paper on which they are written. ...
Tax credit 'rape clause' becomes law without parliamentary vote image
Source : Guardian [Read Article] Thursday 16th of March 2017 12:10:57 PM
....The policy coming into force on 6 April restricts tax credit entitlement for new claimants to a maximum of two children, with exceptions for multiple births and for women who could show that their third or subsequent child was conceived as a result of rape. Those seeking to claim the exemption for rape must be assessed by what the government has described in a consultation as a “professional third party”, which could include health workers, police, social workers or rape charities. ...
Abta website: Holidaymakers hit by cyber attack image
Source : BBC [Read Article] Thursday 16th of March 2017 11:39:43 AM
.... . "It is extremely disappointing that our web server, managed for Abta through a third party web developer and hosting company, was compromised and we are taking every step we can to help those affected. ...
Asda offers staff a pay rise for 'flexible' contract image
Source : BBC [Read Article] Monday 13th of March 2017 03:18:08 PM
....However, Living Wage Foundation, which campaigns for pay levels based on the cost of living, said that Asda should go further. "This is a welcome pay rise for Asda's staff, however large national retailers like Ikea, Lush and Majestic Wine are already paying all their staff - including third party contractors - the real Living Wage or above at £8. ...
Can .art domain give the art business an online boost? image
Source : Guardian [Read Article] Sunday 12th of March 2017 08:00:19 AM
....pizza, that are administered by and for commercial purposes. In each case, the suffixes are licensed by ICANN but administered by a third party, such as UKCI. ...
Lloyds must compensate the victims of the £245m HBOS scam – fast | Nils Pratley image
.... Last week’s response was too airy. It promised to “review any new concerns on a case-by-case basis taking into account any relevant new information from the trial” but it didn’t commit to two essential ingredients of a solid compensation scheme – oversight by an independent third party and the involvement of the regulator, the Financial Conduct Authority. ...
Donald Trump retains direct tie to businesses, documents show image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:30:22 PM
....Far stricter ethics rules govern top administration officials and cabinet members than the president himself. For example, Secretary of State Rex Tillerson, the long-time chief executive officer of Exxon Mobil, left the energy company, sold off his millions of shares and put the cash into a trust to be overseen by a third party. ...
Beware the call connection services that charge £3.60 a minute image
Source : Guardian [Read Article] Saturday 4th of February 2017 06:59:22 AM
....The firm has a free 0800 number, but when Stanley went online to find a contact number a different one came up: an 09 number. After an introductory recorded message it automatically put him through to the real Amazon free number and he spoke to the retailer, unaware that a third party had connected him. ...
Wrong information on Google flight card meant we missed our flight image
Source : Guardian [Read Article] Thursday 19th of January 2017 07:00:30 AM
.... “Google has the technology that reads your flight itinerary and produces what is known as a ‘flight card’ which tracks its status,” explains Tigerair. “Google collects its information from a third party and, in this case, the third party published a delay to the flight which has resulted in the Google flight card being changed. ...
Rex Tillerson cuts ties with Exxon Mobil via $180m retirement package image
Source : Guardian [Read Article] Wednesday 4th of January 2017 02:16:38 PM
....If confirmed, Tillerson will surrender all unpaid stock that was part of his pay package, more than 2m shares. In exchange, the company will make a cash payment equal to the value of those shares to a trust to be overseen by a third party, according to a regulatory filing on Wednesday with the Securities and Exchange Commission (SEC). ...
Philip Green, Vibrac and Riverdance: the mystery of Everton’s ‘shadow investor’ image
....Groom also signed off loans from two entities based in the Isle of Man to Rights and Media Funds Limited on the same days as the loans with West Ham (10 August 2015) and Everton (14 August 2015) were charged. Kirkton Investments and Carroch Holdings both give the same London address as Shear’s law firm, Berwin Leighton Paisner, while documents show that they and JG Funding listed the same permitted third party security: another entity registered in the British Virgin Islands called Mousehole Limited. ...
Santa Rally sends FTSE 100 to new record high image
Source : BBC [Read Article] Wednesday 28th of December 2016 09:49:18 AM
....9p after it announced a £112m sale of its Dunlop brand to Japan's Sumitomo Rubber Industries. The retailer said it did not have the capacity to "develop and manage international brands simultaneously" and needed to prioritise its core UK businesses and relationships with third party brands. ...
Facebook Safety Check creates false alarm in Bangkok image
Source : BBC [Read Article] Wednesday 28th of December 2016 04:27:27 AM
....It allows Facebook users in danger zones to mark themselves as safe, but in this instance was triggered by a protester throwing firecrackers. Facebook said it relied on a "trusted third party to confirm the incident". ...
Crusader: How we fought to get you justice in 2016 image
Source : Daily Express [Read Article] Saturday 24th of December 2016 07:08:00 AM
.... . We also had success getting third party agencies, acknowledge their moral if not legal responsibilities, when things go wrong. ...
Housebuilders must halt leasehold sale of new houses, says minister image
Source : Guardian [Read Article] Tuesday 20th of December 2016 05:16:06 PM
....“My constituents have been comprehensively stitched up,” said Justin Madders MP, adding that in his Ellesmere Port constituency the practice of selling new-build houses as leasehold has become common place in recent years. He told the Commons how the buyer of a Bellway home in his constituency was told the freehold would cost £3,750 to purchase, but when it was sold on to a third party, Adriatic Land, the price went up to £12,750 the next year. ...
Gangmasters agree to pay more than £1m to settle modern slavery claim image
Source : Guardian [Read Article] Tuesday 20th of December 2016 10:00:00 AM
.... The company has recently been restructured and is under new management. Noble Foods said: “The welfare and treatment of all employees of Noble Foods, or those working for the company via a third party, is of paramount importance. ...
Super Mario Run launches on the iPhone and iPad image
Source : BBC [Read Article] Thursday 15th of December 2016 08:54:27 AM
....It follows the successful release of Pokemon Go earlier in the year. Nintendo owns a minority stake in the Pokemon Company, but the title was developed by a third party. ...
'One billion' affected by Yahoo hack image
Source : BBC [Read Article] Wednesday 14th of December 2016 10:36:16 PM
....The company, which is being taken over by Verizon, said it was working closely with the police and authorities. Yahoo said it "believes an unauthorised third party, in August 2013, stole data associated with more than one billion user accounts". ...
Yahoo hack: 1bn accounts compromised by biggest data breach in history image
Source : Guardian [Read Article] Wednesday 14th of December 2016 10:25:31 PM
.... The breach may be related to theft of Yahoo’s proprietary code, Lord said. The company began to suspect the breach in November, when law enforcement approached the company with what a third party claimed was “user data;” Lord’s post suggests that the data included forged cookies. ...
Palm oil giant Olam accused over sourcing image
Source : BBC [Read Article] Monday 12th of December 2016 11:54:03 AM
....Indonesia is often blamed for not doing enough to tackle the agriculture fires used to clear vegetation for palm oil, pulp and paper plantations in the Riau province in East Sumatra, South Sumatra, and parts of Kalimantan on Indonesian Borneo. Singapore-based Olam has confirmed that it buys 99% of its palm oil from third party suppliers and while it is a relative newcomer to the industry, it says it accounts for less than 1% of the global market. ...
Share Hunter: Sports Directs first half results hit by slide in pound  image
Source : Daily Express [Read Article] Sunday 11th of December 2016 06:14:00 PM
....While this is certainly a step in the right direction, it’s easy to see why the decision to spend $51million on a corporate plane has instead grabbed the headlines. On a more positive note, the group is revamping its stores and placing a greater emphasis on the promotion of third party branded goods. ...
Ryanair says woman’s delay claim must go through Irish courts image
Source : Guardian [Read Article] Friday 9th of December 2016 06:34:52 PM
....”. Ryanair, which flew 117 million passengers last year, said it requires customers to submit flight disruption claims directly to it before engaging third party “claims chasers”. ...
Motorists at risk from log book delays image
Source : BBC [Read Article] Wednesday 7th of December 2016 01:41:00 PM
....The Association of British Insurers told You and Yours it was not aware of any cases where this had happened, but added that drivers should inform motor insurers if they are not the registered keeper. The practice of log books being retained by third party suppliers was highlighted in a 2012 court case brought against a competitor by online car broker Richard Sanders, founder of Drive the Deal. ...
Christmas shoppers to spend over two hours on online delivery problems image
Source : Guardian [Read Article] Wednesday 7th of December 2016 07:01:24 AM
....Those who were subsequently not compensated were left £148m out of pocket – £30 a parcel – because of damaged or lost goods, hours wasted and time away from work, the charity said. It is advising shoppers that it is retailers’ responsibility to sort out delivery problems, not that of “third party” parcel companies. ...
Getting the silent treatment from Europcar over my hire car accident claim image
Source : Guardian [Read Article] Wednesday 7th of December 2016 07:00:24 AM
.... But I had received no such requests. I then received a letter saying it was still waiting to hear from the third-party insurers – it appears Europcar was closing my claim but continuing to claim the money off the third party. ...
Going into reverse with Avis over getting a hire car repair receipt image
Source : Guardian [Read Article] Tuesday 6th of December 2016 09:22:26 AM
.... A call to Avis UK’s office may not have resulted in a explanation but it has now sent you the invoice. You did the right thing buying the third party insurance, even though it may not feel like it right now. ...
Sports Direct auditor under investigation over company's family deal image
Source : Guardian [Read Article] Monday 28th of November 2016 10:58:42 AM
....If investigators determine that Grant Thornton did not do its job properly, it could face a public reprimand or a sizeable fine. The FRC can open an investigation after a case is referred by a third party, but in this case the accounting watchdog is understood to have acted of its own accord. ...
M&S Bank asked me for personal details, but the letter looked like a scam image
Source : Guardian [Read Article] Sunday 20th of November 2016 07:00:30 AM
....I asked why this information was needed – I was told me it was to make the account more secure. I expressed my fears that sending such sensitive information through the post to what looks like a third party would reduce my security and I asked what would happen if I did not send it. ...
Metro Bank says mortgage customers can rent out homes on Airbnb image
Source : Guardian [Read Article] Thursday 17th of November 2016 02:50:41 PM
....“More people have begun to mention the possibility of utilising services such as Airbnb but most lenders will not allow you to rent out your property without consent to let from them,” he said. “It is important, however, to also check with your buildings and contents insurance provider whether you will still be covered if something happens while a third party is occupying the property even for a short time. ...
Collective switching: can clubbing together lower your energy bills? image
Source : Guardian [Read Article] Thursday 17th of November 2016 07:00:41 AM
.... The more the merrier, as better deals are likely to be offered to big groups of customers. Each collective scheme is marketed by a third party – these include a range of organisations from local authorities to newspapers. ...
Brexit leaves London-based banks facing 'nightmarish' choices image
Source : Guardian [Read Article] Thursday 10th of November 2016 08:17:49 PM
....”. He added the EU was refusing to engage with Japan on Brexit for the time being because they say they have not even received an official notification for the UK and so cannot discuss Brexit with any third party. ...
A minor shunt that brought my credit rating crashing down image
Source : Guardian [Read Article] Wednesday 9th of November 2016 07:00:02 AM
.... This was the first I had heard about the debt or the court case. A claims-handling firm contacted by NatWest said it had contested the claim for repairs from the third party. ...
RBS to compensate squeezed firms image
Source : BBC [Read Article] Monday 7th of November 2016 11:38:52 PM
....The process will be overseen by retired High Court judge Sir William Blackburne. Complaints will initially be dealt with by the bank, and any that are not resolved will then be considered by the third party. ...
Tesco Bank attack image
Source : BBC [Read Article] Monday 7th of November 2016 01:31:28 PM
.... Cyber-thieves are constantly scanning valuable websites to spot changes and will swoop if one emerges. It might also be the case that a third party connected to Tesco had a security issue and attackers got in via that route, which has happened in some of the biggest attacks in recent memory. ...
Thousands of Tesco Bank accounts compromised by fraud image
Source : Guardian [Read Article] Sunday 6th of November 2016 05:52:31 PM
.... It pledged to refund any losses within 24 working hours, but faced widespread anger at its handling of the fraud. One possible cause under consideration is a compromise at a third party retailer, the bank said. ...
Regulator accused of letting down poorer bank customers image
Source : BBC [Read Article] Tuesday 1st of November 2016 12:52:44 PM
....". However, the CMA's senior director, Adam Land, said vulnerable customers would be helped by its plans for so-called open banking, which will enable consumers to share their banking data with third party providers. ...
E-state agent image
Source : BBC [Read Article] Thursday 20th of October 2016 11:46:35 PM
....So, do low fees equate to a patchy service?. Joanne Buckley-Scott, a seller who signed up with PurpleBricks, said she had no viewings at all on her flat in 10 months and now owes a fee to a third party. ...
The Crusader: Car rental brings pain in Spain image
Source : Daily Express [Read Article] Monday 17th of October 2016 12:15:00 PM
....Crusader continues to receive many complaints from drivers who have fallen victim to overcharging and sharp practice rife in an industry where rentals are often a lottery. The complicated relationships between car hire companies and third party brokers don’t help either, leaving customers at a loss as to where they stand when things go wrong. ...
Beware the pitfalls that could ground your Airbnb rental plans image
Source : Guardian [Read Article] Sunday 9th of October 2016 06:00:04 AM
....In the UK, Airbnb also provides host protection insurance for hosts and landlords against liability claims up to £786,000 that occur in a listing, or an Airbnb property, during a stay. This protects you in the event of third party claims of bodily injury or property damage resulting from your guest’s stay, but does not cover intentional acts or property issues. ...
Blackberry stops designing its own phones image
Source : BBC [Read Article] Wednesday 28th of September 2016 11:50:48 AM
...."Blackberry had made no secret of the fact that it might shut down its own phone-making business. Pushing it out to a third party is a sensible solution - but any manufacturer making Blackberry branded devices will ultimately face the same challenges. ...
Your Money: Drive a hard bargain when it comes to car insurance image
Source : Daily Express [Read Article] Sunday 18th of September 2016 12:01:00 AM
....A 28-year-old journalist living in south London and driving a 2013 1. 2 litre Volkswagen Polo would pay £847 a year for third party cover, but just £641 for comprehensive. ...
Beware Goldcar – the hire firm that sells cover customers don't want image
Source : Guardian [Read Article] Sunday 11th of September 2016 06:00:53 AM
....Goldcar is hardly telling the full story. These intermediaries may be less than helpful to customers who find themselves paying twice for insurance, but they include in their prices all legally required insurance – collision damage waiver, third party cover and theft protection. ...
SPECIAL INVESTIGATION: Fraudsters who prey on the disabled image
Source : Daily Express [Read Article] Monday 5th of September 2016 04:01:00 PM
....The £49 loss hit Harry hard, but we thought the details he had supplied were far more valuable to crooks so immediately alerted his bank NatWest, which has put a watch on his account. Norfolk County Council also took the matter very seriously, saying it had not received a third party application for Harry. ...
Amazon is making me share my payment details image
Source : Guardian [Read Article] Thursday 25th of August 2016 06:00:03 AM
....“Generally, a bank’s terms and conditions prohibit customers from allowing other people to use their cards to make transactions, unless the card issuer had permitted this for practical reasons such as disability,” says the UK Cards Association. “If someone does give another person consent and the means to use their card, the issuer could not be expected to take liability for any transactions made by that third party. ...
Amazon to open Tilbury docks packing centre image
Source : BBC [Read Article] Thursday 18th of August 2016 12:46:59 PM
....Thurrock Council, which granted planning permission for the centre, said it was "delighted" by the move. John Tagawa, Amazon's Vice President of UK operations, said the new centre would help the company "continue to expand product selection" and "support more third party sellers including small businesses" by dispatching goods on their behalf. ...

Missing cat found after four years - but family can't be told who has it because of data protection rules
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....". A spokesman for Staffordshire Police said it was aware of the situation and added: “Via a third party, this individual or individuals have been made aware that the cat in their possession has an owner and they should take appropriate steps to return the cat to its rightful owner. ...

Drone in 'reckless' near-miss with plane carrying 62 passengers as it approaches Newquay Airport
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....". Following the incident at Newquay Airport, a Flybe spokeswoman said: "Flybe can confirm that the aircraft in question was an ATR-72 owned by a third party airline operating this service on behalf of Flybe. ...
Serious Fraud Office opens Airbus corruption investigation image
Source : BBC [Read Article] Sunday 7th of August 2016 10:14:09 PM
....The UK's Serious Fraud Office (SFO) has launched an investigation into allegations of "fraud, bribery and corruption" in the civil aviation business of Airbus. The allegations relate to irregularities concerning third party consultants. ...

Oscar Pistorius denies wrist injuries were self-inflicted after being treated in hospital
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....Singabakho Nxumalo, another DCS spokesman, said the hospital check included a scan for internal injuries as a “precaution”, but would not confirm a head injury. He said an internal investigator had been assigned to establish what happened, but confirmed that there had been no third party involvement. ...

Donald Trump sinks in polls after attack on parents of  killed Muslim American soldier
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....A CNN/ORC poll now shows Mr Trump lagging nine points behind the Mrs Clinton in a head-to-head match up, where he was previously leading. Even factoring in support for Gary Johnson and Jill Stein, the third party candidates in the race, Mrs Clinton still leads the real estate 45 per cent to 37 per cent. ...

Apple tells mourning father to get court order to access son’s music, photos and 'memories'
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....He said: "Apple takes the privacy and security of customer's personal information very seriously" explaining that in some instances customers may not want their private data transferred to other people meaning they cannot by default override password protected data. The spokesman said: “In the absence of permission for third party access to an account, it is impossible to be certain what access a user would have wanted and we do not consider it is appropriate that Apple make the decision. ...

Revealed: Government staff call Palmerston
.... . It is unclear how he will deal with the fraught atmosphere in Whitehall - perhaps a neutral third party could smooth things over. ...

Teacher gives up job 'to become full-time Pokemon Go player'
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Source : Telegraph [Read Article] Monday 25th of July 2016 09:18:01 AM
....However, some of the Pokémon Go listings have already been removed from the auction site, with those selling the accounts breaking makers Niantic Labs’ terms of service. It states: “Use the Services or Content, or any portion thereof, for any commercial purpose or for the benefit of any third party or in a manner not permitted by these Terms, including but not limited to (a) gathering in App items or resources for sale outside the App, (b) performing services in the App in exchange for payment outside the App, or (c ) sell, resell, rent, or lease the App or your Account. ...

Scotland on the brink of independence, says SNP's Westminster leader
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Source : Telegraph [Read Article] Friday 22nd of July 2016 03:33:23 PM
....  "I've spent the last year holding the UK Government to account every single week at PMQs.   "Alongside a team of extremely hard-working MPs, we've turned the SNP from the third party of the UK to the most effective opposition party. ...
Interactive map: England's green belt image
Source : Telegraph [Read Article] Wednesday 20th of July 2016 08:20:33 AM
.... . Previously the data has only been available at a cost of tens of thousands of pounds from a third party, despite the location of green belt land being identified by councils using taxpayer money. ...
Homebase customers left to sit on their hands as bargain sofas fail to arrive image
.... In an email sent to one frustrated customer it said that it accepted orders “in good faith” as it was expecting more stock, but that its supplier could not meet the high demand. Its failure to warn purchasers, some of whom were given new delivery dates after their orders had been cancelled without notification, was, it told The Observer, “because we are currently reliant on a third party to help manage customer service inquiries and are taking urgent steps to improve this process, although there is still more to be done”. ...
Are grey goods the real deal? image
Source : Guardian [Read Article] Saturday 9th of July 2016 06:00:08 AM
.... After 14 months it developed a focus problem and, when he sent it to Nikon for repairs, the company informed him that the serial number was fake and refused to mend it, sending the camera back to him. Nikon told Guardian Money the serial number had been tampered with by an unknown third party, “which unfortunately invalidated the warranty”. ...
Amazon to create 1,000 UK jobs image
Source : BBC [Read Article] Wednesday 6th of July 2016 06:32:58 PM
....". Amazon also released new research on shopping habits and the tens of thousands of independent small businesses selling their goods through Amazon Marketplace, a platform for third party sellers. ...
Brexit: Freedom of movement 'on the table' for forthcoming talks image
....But he said this was not to punish the UK, as he believed the country would "encounter real difficulties" and there was no need to "amplify" them. Mr Sapin said: "When we negotiate with a country, a third party - Norway, Switzerland, to take countries that are very close - we discuss all subjects. ...
World-Check terrorism database exposed online image
Source : BBC [Read Article] Wednesday 29th of June 2016 12:50:09 PM
....A spokesman for the financial data provider said it was trying to tackle the problem. "We are grateful to Chris Vickery for bringing this to our attention, and immediately took steps to contact the third party responsible - as a result we can confirm that the third party has taken down the information. ...
They charge huge fees, but are fund managers really working for you? image
Source : Guardian [Read Article] Saturday 18th of June 2016 06:00:03 AM
....But the authors of WTDWYM argue: “The chain of specialists has reached a ‘reductio ad absurdum point’ where the people we entrust to act on our behalf have become so numerous that much, if not most, of their compensation comes from other agents, rather than from us directly. ” When you put your savings into a pension, a chain of up to 16 different “professionals” have to be paid, including your company pension staff who keep records of your deductions from pay, the fund “platform”, the fund manager, third party research firms, the broker who executes a stock trade, the stock exchange itself, the individual settling the trade, the custodians of the fund and so on. ...
Gambling Commission orders Betfred to pay £800,000 image
Source : Guardian [Read Article] Tuesday 14th of June 2016 09:33:51 AM
.... A further £344,500 will be paid to socially responsible causes, agreed with the commission. Betfred will also meet the commission’s investigation costs and perform an independent third party review of its anti-money laundering and social responsibility policies and procedures. ...
New Ofcom guide makes it easier for vulnerable consumers to manage their phones image
....The guide was developed with support from the Office of the Public Guardian which protects those who may not have the mental capacity to make decisions for themselves. A table outlines at-a-glance the differences between lasting power of attorney, which gives the same authority to manage the account as the account holder, and third party bill management, This gives the person nominated the ability to speak to a provider about the account, receive copies of bills and pay them, but does not permit them to change an account or close it. ...
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Lady Green got £53m windfall from selling BHS HQ to Arcadia image
Source : Guardian [Read Article] Thursday 9th of June 2016 06:53:48 PM
....However, Arcadia bought the share capital in Wilton Equity for £53m, giving it ownership of the building. The company says the deal was conducted “on an arms length basis following advice received from a third party valuer”. ...
A last hurrah for banknotes as UK switches to mobile and card payment image
Source : Guardian [Read Article] Saturday 4th of June 2016 03:00:13 PM
.... The reason cash continues to prevail is because it gives us freedom. It will not be rejected by a third party, it is reliable and it enables us all to manage our personal finances with ease. ...
Royal Mail rises on talk of possible sector takeovers image
Source : Guardian [Read Article] Tuesday 31st of May 2016 11:21:28 AM
....Royal Mail seems a more likely driver of consolidation than Deutsche Post DHL but we do not see an obvious acquisition candidate: We do not expect DHL to make meaningful acquisitions given its prioritisation of organic growth. However, Royal Mail is focused on adding new revenue streams (even from maintaining third party vehicles) so may have more appetite to consolidate the fragmented UK parcel market where overcapacity runs at 20% (potentially difficult from a regulatory perspective given its 50% share and Ofcom’s focus on healthy competition) or even to boost GLS prospects in the European B2C express market once a UK labour deal is achieved. ...
Tinder sues threesome app rival 3nder image
Source : Guardian [Read Article] Monday 23rd of May 2016 04:51:51 PM
.... They added that the use of the name for an online dating app was “likely to bring our client’s Tinder mark to mind”. The letter demands that 3nder respond by shutting down its website and remove all references to its name, including by third party sources. ...
Buy insurance or come back tomorrow, was Goldcar’s airport ultimatum image
.... Its representative suggested it might refund my taxi (if I could present a receipt, which I hadn’t got, given the pressure to get to the agent before he shut), but said that, once the insurance was signed, it was a legal document and could not be disputed. On the advice of Guardian Money, I had taken out hire excess insurance from a third party, so I was forced to buy insurance I didn’t want or need. ...
House prices could fall by 18% if Britain quits EU, says George Osborne image
....“If the British say no – which I hope they will not – community life will not carry on as before. The United Kingdom will have to accept being considered as a third party, which does not have its hair stroked in the right direction,” he said. ...
Tate suffers blow in efforts to keep amount of BP funding secret image
Source : Guardian [Read Article] Wednesday 11th of May 2016 07:14:59 PM
....Lockley said “if this is not contracting out [responsibility] to [the Freedom of Information Act], it is only a hair’s breadth away from it” – although he still believed the public interest for the particular disclosure sought by Platform and Request was relatively small. Jones said it would not be fair for Tate to hand over details of its sponsorship arrangements when a third party asked for them. ...

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