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....The test found that the Fredi Megapix home CCTV camera system operated over the internet using a default administrator account without a password, and Which? found thousands of similar cameras available for anyone to watch the live feed over the internet. The watchdog said that a hacker could even pan and tilt the cameras to monitor activity in the house. ... [Read full article on Guardian ]
Friday 23rd of June 2017 06:53:02 AM
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. Generations of British consumers have been locked into a “risky and expensive” project by the UK’s subsidy deal for a new nuclear power station at Hinkley Point in Somerset, according to a damning report by the spending watchdog. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 11:01:08 PM
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....The National Audit Office does not use excitable phrases like “utter shambles. ” But the spending watchdog’s verdict on Hinkley Point C, the nuclear power plant in Somerset that is supposedly inevitable, amounts to the same thing. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 11:01:08 PM
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....That compromise would be exactly what the industry has been lobbying for, and a huge rowing back by the Conservatives after months of escalating rhetoric from May and ministers. An extension of the prepayment meter cap, which started on 1 April after a recommendation by the competition watchdog, is far from the “muscular and strong” action that Greg Clark, the business secretary, had threatened. ... [Read full article on Guardian ]
Wednesday 21st of June 2017 03:57:48 PM
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....He added that Southern’s performance had significantly improved since December and more services were running on time. Anthony Smith, the chief executive of the transport users’ watchdog, Transport Focus, said all of the problems identified still remained to some degree. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 09:33:08 AM
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. The online gambling industry is facing a clampdown after the UK competition watchdog accused companies of unfairly treating customers and potentially breaking consumer law. ... [Read full article on Guardian ]
Friday 23rd of June 2017 07:46:11 AM
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Latest Finance News related to Watchdog

Online gambling firms face clampdown after watchdog's probe image
Source : Guardian [Read Article] Friday 23rd of June 2017 07:46:11 AM
. The online gambling industry is facing a clampdown after the UK competition watchdog accused companies of unfairly treating customers and potentially breaking consumer law. ...
Virgin Media tells 800,000 users to change passwords over hub hacking risk image
....The test found that the Fredi Megapix home CCTV camera system operated over the internet using a default administrator account without a password, and Which? found thousands of similar cameras available for anyone to watch the live feed over the internet. The watchdog said that a hacker could even pan and tilt the cameras to monitor activity in the house. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
....The National Audit Office does not use excitable phrases like “utter shambles. ” But the spending watchdog’s verdict on Hinkley Point C, the nuclear power plant in Somerset that is supposedly inevitable, amounts to the same thing. ...
Spending watchdog condemns 'risky and expensive' Hinkley Point image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:01:08 PM
. Generations of British consumers have been locked into a “risky and expensive” project by the UK’s subsidy deal for a new nuclear power station at Hinkley Point in Somerset, according to a damning report by the spending watchdog. ...
Southern tried to run too many trains on poor infrastructure: report image
Source : Guardian [Read Article] Thursday 22nd of June 2017 09:33:08 AM
....He added that Southern’s performance had significantly improved since December and more services were running on time. Anthony Smith, the chief executive of the transport users’ watchdog, Transport Focus, said all of the problems identified still remained to some degree. ...
Tory pledge to cap energy bills missing from Queen's speech image
Source : Guardian [Read Article] Wednesday 21st of June 2017 03:57:48 PM
....That compromise would be exactly what the industry has been lobbying for, and a huge rowing back by the Conservatives after months of escalating rhetoric from May and ministers. An extension of the prepayment meter cap, which started on 1 April after a recommendation by the competition watchdog, is far from the “muscular and strong” action that Greg Clark, the business secretary, had threatened. ...
Global oil glut set to continue despite efforts to prop up price image
Source : Guardian [Read Article] Wednesday 14th of June 2017 05:26:40 PM
....Growth in oil supply will outstrip growth in demand during 2018, driven by increasing production from US shale and other countries outside Opec, the International Energy Agency (IEA) said. The watchdog said its first forecast for 2018 made “sobering reading for those producers looking to restrain supply”. ...
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UK could get farm aid for two years after Brexit under EU budget plan image
Source : Guardian [Read Article] Tuesday 13th of June 2017 07:40:04 AM
....The plan could refocus attention on the Brexit campaigners such as Boris Johnson, now foreign secretary, and Michael Gove, newly appointed as environment secretary, who travelled on a Vote Leave battlebus emblazoned with a promise of a £350m-a-week bonanza for the NHS, based on incorrect figures on the UK’s contribution to EU coffers. The UK’s official statistics watchdog rebuked the leave campaign for the “misleading” claim, which it said undermined trust in official statistics. ...
Watchdog probes Tesco-Booker deal image
Source : BBC [Read Article] Tuesday 30th of May 2017 11:54:19 AM
. The competition watchdog has begun an investigation into Tesco's planned £3. ...
Former Anglo Irish chair Seán Fitzpatrick walks free as trial collapses image
.... The Irish director of public prosecutions had dropped some of these charges in the past four weeks. The case against Fitzpatrick at the Dublin circuit criminal court was a retrial after his first trial in May 2015 ended after weeks of legal argument over the flaws in the investigation by the Republic’s anti-corruption corporate watchdog. ...
Will Opec extend output cuts in bid to push up oil prices? image
Source : BBC [Read Article] Tuesday 23rd of May 2017 11:07:36 PM
....This time, however, Opec discipline has been remarkably strong. The International Energy Agency (IEA) a rich countries' watchdog, estimates compliance with the restraints is at more than 95%. ...
Facebook fined £94m for 'misleading' EU over WhatsApp takeover image
Source : Guardian [Read Article] Thursday 18th of May 2017 08:56:52 AM
.... Investigations are also under way in Belgium, the Netherlands and Spain. A French data watchdog fined Facebook €150,000 on Tuesday for failing to prevent users’ data being accessed by advertisers. ...
Buy-to-let millionaire who bans 'coloured' people faces legal action image
Source : Guardian [Read Article] Wednesday 17th of May 2017 02:20:13 PM
. The equality watchdog has begun formal legal action against buy-to-let mogul Fergus Wilson after he told his letting agent to ban “coloured” tenants because they left curry smells in his properties. ...
Debt fears grow as county court judgments soar by 35% image
Source : Guardian [Read Article] Monday 15th of May 2017 05:07:52 PM
....In recent months the Bank of England, MPs and charities have warned that consumer debt levels were dangerously high, citing increases in lending from banks, car leasing companies, credit card firms and shops offering interest free-credit. Concerns that the purchase of cars with complicated loans, known as PCPs, has increased the debt levels of many low income families has triggered an investigation into potential mis-selling by the main consumer finance watchdog, the Financial Conduct Authority. ...
Ofcom opens investigation into the cost of 118 calls image
Source : BBC [Read Article] Friday 12th of May 2017 11:44:13 AM
.... . In a previous inquiry the watchdog decided against imposing a stipulated price cap on charges, but it could now review that decision. ...
Keurboom Communications fined record £400,000 over nuisance calls image
Source : Guardian [Read Article] Thursday 11th of May 2017 07:42:52 AM
. A company that made almost 100m nuisance calls in 18 months has been fined a record £400,000 by the data watchdog. ...
Nuisance call firm Keurboom hit with record fine image
Source : BBC [Read Article] Wednesday 10th of May 2017 11:41:22 PM
...."Making directors responsible will stop them avoiding fines by putting their company into liquidation," the ICO said. The watchdog said 2016-17 had been its busiest year for nuisance call investigations, with 23 companies fined a total of £1. ...
Smirnoff owner Diageo to pay HMRC £107m in 'Google tax' crackdown image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:54:14 PM
....Last year Google agreed a deal with the British tax authorities to pay £130m in back taxes and increase its future tax burden. But the tax deal was criticised by parliament’s public spending watchdog for being secretive and “disproportionately small when compared with the size of Google’s business in the UK”. ...
My pager: The 'in thing' in the 90s image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:18:43 PM
. Vodafone has announced it will shut down its paging business after the competition watchdog threatened to investigate its sale to Capita. ...
Vodafone axes pager business 'based on ageing technology' image
Source : Guardian [Read Article] Wednesday 10th of May 2017 11:37:13 AM
. Vodafone is to shut down its pager business after failing to receive backing from the competition watchdog to sell the dwindling division that relies on old technology popular in the 1980s. ...
Just Eat faces competition inquiry over Hungryhouse takeover image
Source : Guardian [Read Article] Wednesday 10th of May 2017 07:38:30 AM
. Just Eat’s proposed takeover of Hungryhouse is facing an in-depth investigation by the competition watchdog over fears restaurants could end up with a worse deal. ...
Vodafone to close down pager business after CMA shock image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:55:15 AM
. Vodafone has pulled the sale of its paging business to Capita and will shut it down after the competition watchdog threatened to investigate the deal. ...
Energy regulator under scrutiny as both Tories and Labour vow to act image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:23:35 AM
....Fast forward to February this year and Nolan was far more polished and implacable under a grilling from MPs, when he criticised the industry for what he saw as unjustified price rises over the winter and said he could impose a price cap if he was ordered to do so by politicians. Nolan’s big move so far has been to refer the energy market to the competition watchdog in 2014 to “clear the air” over accusations the big six suppliers – British Gas, E. ...
The Conservatives' energy price cap is not a strong and stable long-term policy image
....It is why, despite the outrage at prices being hiked by up to 10% this winter, the suppliers know millions of people will still not move to a better tariff, either through indifference, ignorance, lack of time or an inability to access the internet. An 18-month investigation by the competition watchdog was meant to fix all this. ...
Drive carefully – I can see a credit car crash up ahead | Phillip Inman image
.... Doomsayers predict a tipping point will be reached when car companies and lenders are laden with unsold cars and consumer debts that cannot be repaid. A team inside the Financial Conduct Authority, the main City watchdog, has begun drawing up the terms of an inquiry into how much banks have lent to car buyers, and the likelihood of these institutions (many of them still struggling with the overhang of debts from the 2008 crash), getting their money back. ...
Ofcom to probe high cost of directory enquiry calls image
Source : BBC [Read Article] Monday 8th of May 2017 11:53:44 AM
....50 a call. In a previous enquiry the watchdog decided against imposing a stipulated price cap on such charges, but it could now review that decision. ...
Record number of UK care homes declared insolvent image
Source : Guardian [Read Article] Friday 5th of May 2017 06:25:50 AM
....”. The care home sector will be in the spotlight again later this month when the competition watchdog delivers its interim report. ...
Fears savers are being tricked OUT of gold-plated final salary pensions image
Source : Daily Express [Read Article] Thursday 4th of May 2017 11:49:00 AM
....This would also help advisors give clients the best options, as anyone with a pension pot worth over £30,000 is required to take financial advice before transferring into a DC scheme. The Financial Conduct Authority (FCA) is launching a consultation on the rules for advisors who are being paid to carry out transfers, suggesting the watchdog is concerned about the current situation. ...
KPMG's audits of Rolls-Royce accounts probed by regulator image
Source : BBC [Read Article] Thursday 4th of May 2017 08:31:07 AM
. Britain's accountancy watchdog has opened an investigation into KPMG's audit of the accounts of aero-engine maker Rolls-Royce. ...
Accounting watchdog to investigate KPMG over Rolls-Royce audit image
Source : Guardian [Read Article] Thursday 4th of May 2017 07:22:01 AM
. The UK’s accounting watchdog has begun an investigation into KPMG’s audit of Rolls-Royce, after the engineering group settled a bribery case with the Serious Fraud Office earlier this year. ...
MPs' report on FOBTs found to breach parliamentary standards image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 05:51:21 PM
....The report was published during a government review into gaming machines, which is due to conclude after the general election and is expected to recommend that the maximum stake be cut to between £10 and £20. Malcolm George, the chief executive of the Association of British Bookmakers, welcomed the parliamentary watchdog’s decision to censure a group that has been among the loudest detractors of FOBTs. ...
Billions wasted on home and car insurance as people fail to shop around, says new research image
....”. Less than a third of homeowners have switched their household insurer in the last four years, but new rules introduced last month by City watchdog the Financial Conduct Authority (FCA) make it easier to see how much you lose by staying put. ...
4G mobile: UK urban areas with best and worst coverage revealed image
Source : Guardian [Read Article] Wednesday 3rd of May 2017 06:33:27 AM
....Middlesbrough has the best 4G mobile phone coverage in Britain while Bournemouth has the worst, according to a study of Britain’s biggest urban areas. The report, published by consumer watchdog Which?, found the availability of 4G coverage and download speeds varies wildly across the UK’s 20 biggest cities and towns. ...
Turkish authorities block Wikipedia without giving reason image
Source : BBC [Read Article] Saturday 29th of April 2017 01:34:07 PM
.... . Critics say it smacks of Turkey's repression of free speech: over half of all requests to Twitter to remove content have come from Turkey, and the country now ranks 155 of 180 in the press freedom index of the watchdog Reporters without Borders. ...
Energy bill caps put billions in investment at risk, say suppliers image
Source : Guardian [Read Article] Friday 28th of April 2017 06:01:33 AM
....Controlling prices would hurt competition and innovation, the group added. Ministers should instead “respect” an 18-month review of the energy market by the competition watchdog, which decided against a cap in favour of measures to encourage greater switching, Energy UK urged. ...
The Crusader: Overhaul of LOGBOOK LOAN laws spells better deal for car buyers image
Source : Daily Express [Read Article] Thursday 27th of April 2017 06:01:00 PM
....Those who buy second hand in good faith can also unexpectedly find themselves losing the vehicle or having to pay off someone else’s loan. Following recommendations by the independent watchdog the Law Commission last year, the Treasury now plans to protect buyers and borrowers alike. ...
Sports Direct agency Transline preparing for insolvency image
Source : Guardian [Read Article] Wednesday 26th of April 2017 10:49:04 AM
....The March parliamentary hearing was the second time Transline had been called to appear in front of MPs in less than a year, with the first hearing ending disastrously for the company when its finance director, Jennifer Hardy, was accused of misleading parliament. Her evidence provoked Iain Wright, Labour MP and chair of the House of Commons business, innovation and skills select committee, to call on Sports Direct’s founder and majority shareholder, Mike Ashley, to consider axing Transline, which he said had not been candid about the reasons for its lack of an operating licence from the Gangmasters Licensing Authority, an industry watchdog. ...
Isle of Wight Festival takeover bid by Live Nation investigated image
Source : BBC [Read Article] Wednesday 26th of April 2017 09:47:24 AM
. A takeover bid for the Isle of Wight Festival is being investigated by a watchdog amid concerns over the deal. ...
Airport duty-free prices not always cheapest, says Which? image
Source : Guardian [Read Article] Wednesday 26th of April 2017 06:00:29 AM
.... They are rounded to the nearest £1 and include the cost of delivery for online orders. The watchdog also said consumers could find savings at airport shops, noting that it found the iPad mini 2 and Fitbit Flex 2 both for £10 less at Dixons Travel at Glasgow International airport than online at John Lewis. ...
Government lacks faith in free market, says energy boss image
Source : BBC [Read Article] Tuesday 25th of April 2017 07:07:41 AM
....Conservative ministers have said they need to intervene because many households are paying too much for their energy bills. The manifesto pledge would outline plans to cap bills for seven out of 10 households paying standard variable tariffs, which are often criticised as bad deals for consumers by industry watchdogs. ...
Peugeot Citroen investigated over diesel emissions image
Source : BBC [Read Article] Monday 24th of April 2017 06:37:59 PM
....A PSA spokesman said the company "respects regulations in all countries where it operates" and denied doing anything illegal. The group was referred to French prosecutors by the consumer watchdog DGCCRF after its staff seized documents from PSA offices in France a year ago. ...
Tory energy bill cap dents Centrica and SSE share prices image
Source : Guardian [Read Article] Monday 24th of April 2017 09:05:46 AM
Bill sets out plan to tackle 'extortionate' UK overdraft fees image
Source : Guardian [Read Article] Sunday 23rd of April 2017 04:51:46 PM
....”. The FCA, the City watchdog, has included overdraft fees in a review into high interest loans, alongside payday loans and doorstep lending. ...
Tory price promise image
Source : BBC [Read Article] Sunday 23rd of April 2017 01:59:35 PM
....But the Tories say that their policy is different from one proposed by Labour under its former leader, Ed Miliband. "We would have [market watchdog] Ofgem setting the limit, so it would be a cap, so it would be more flexible, it would be able to reflect market conditions - so the market would still have an influence," the Work and Pensions Secretary, Damian Green, told ITV's Peston on Sunday. ...
General election 2017: Tories to pledge energy bill cap image
Source : BBC [Read Article] Sunday 23rd of April 2017 11:10:39 AM
....The wider energy industry has reacted with scepticism to the plan, saying a price cap could have a negative impact on competition and lead to higher prices. The manifesto pledge would outline plans to cap bills for seven out of 10 households paying standard variable tariffs, which are often criticised as bad deals for consumers by industry watchdogs. ...
United Airlines to tie executive pay to customer satisfaction image
Source : BBC [Read Article] Saturday 22nd of April 2017 01:29:14 AM
....The airline has been under heavy scrutiny since video of the incident was shared worldwide. The executive pay decision features in a filing to the US Securities and Exchange Commission financial watchdog. ...
Sadly it was money – not morals – that forced Fox to boot Bill O'Reilly | Lucia Graves image
.... But corporate America had its eyes on Twitter and its hand on its wallet. By the time O’Reilly resigned, no fewer than 80 companies had pulled ads from the network under pressure from consumers, according to the watchdog group Media Matters. ...
Fox forcing out Bill O’Reilly could appease critics of the Sky deal | Graham Ruddick image
....Ofcom, the British media regulator, is considering whether 21st Century Fox, the parent company of Fox News, is a “fit and proper” owner of pay-TV broadcaster Sky. Campaigners say the allegations against O’Reilly should alarm the watchdog, which can recommend that the government blocks 21st Century Fox’s £11. ...
UK government vows strong action to rein in energy companies image
Source : Guardian [Read Article] Wednesday 19th of April 2017 12:25:24 PM
....”. An 18-month review by the competition watchdog last year ruled out a price cap, favouring measures to encourage consumers to switch more instead. ...
Financial watchdog to investigate car finance market image
Source : BBC [Read Article] Wednesday 19th of April 2017 10:47:47 AM
Google takes Android search blow in Russia image
Source : BBC [Read Article] Monday 17th of April 2017 04:20:19 PM
....Google has promised to allow rivals' search engines and apps to be pre-installed on phones running its versions of Android in Russia. The concession follows an out-of-court deal with the country's competition watchdog. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
....While the heads of companies including SSE and EDF talk in public about understanding ministers’ concerns and “engaging constructively” with any government regulation, privately there is frustration within the industry at the prospect of further intervention. The competition watchdog last summer finished an 18-month review of the market, ruling out a cap in favour of measures to encourage more switching. ...
Care homes charging for rooms after residents die, watchdog finds image
Source : Guardian [Read Article] Monday 17th of April 2017 01:09:18 PM
. Care homes are charging families for weeks after the death of an elderly relative in some instances, prompting a string of complaints to the competition watchdog that is investigating the sector. ...
Can’t we stop colossal firms taking over small businesses? image
Source : Guardian [Read Article] Monday 17th of April 2017 01:08:04 PM
....And aren’t there enough Tescos already? How come these massive outfits are allowed to take over smaller outfits, whether the smaller ones want them to or not? Remember Kraft’s takeover of Cadbury in 2010? Afterwards, the chocolate bars shrank, the Somersdale factory closed, goodbye to 500 jobs, and the company stopped working with Fairtrade and changed from “a force for social good to the worst example of brutal corporate capitalism”, as the Independent put it. Isn’t there meant to be a monopolies watchdog? The Competitions and Markets Authority? What’s it watching while all these colossal takeovers are going on? The telly? I hope they saw Follow the Money, in which a huge and wicked bank took over a small and idealistic one, murdering and brutally assaulting anyone who impeded them. ...
How Britain can build a successful, lasting industrial strategy image
Source : Guardian [Read Article] Sunday 16th of April 2017 10:03:01 AM
....Finally, the industrial strategy goals should have independent monitoring of the progress made, or the lack of it. The government should take its industrial targets as seriously as its fiscal targets, with an independent watchdog created along the lines of the Office for Budget Responsibility. ...
Ticket resale companies subject of global investigation by consumer groups image
....A Choice series in Australia reported on excessive fees for purchasers and found that in some cases consumers had received fake tickets after buying them through ticket resellers. The group referred several organisations to the Australian consumer watchdog to ask it to investigate the sales. ...
Why dental floss and kippers explain your rising post-Brexit shopping bill image
Source : Guardian [Read Article] Wednesday 12th of April 2017 04:37:34 PM
....If your weekly shopping bills seem to be going up, even though the price of a pint of milk is holding steady, there is a good reason for that. According to industry watchdogs, British supermarkets have responded to Brexit-induced inflation and the weaker pound by quietly hiking the cost of less regular purchases such as light bulbs, water filters and dental floss. ...
Millions of EDF customers face second price rise this year image
Source : Guardian [Read Article] Wednesday 12th of April 2017 11:36:37 AM
....The company also said wholesale prices were a third higher than a year ago. But this drew a sharp response from the industry watchdog, Ofgem, which said it had not seen a dramatic rise in wholesale prices since EDF’s last increase. ...
Are the wheels about to fall off the credit gravy train? image
Source : Guardian [Read Article] Saturday 8th of April 2017 03:00:05 PM
....Debt charities say stretched households are vulnerable to small changes in their income, rising inflation and higher interest rates. Last week, UK watchdog the Financial Conduct Authority (FCA) also raised the alarm and set out proposals to help millions of people with long-term credit card debt. ...
Sky's 21st Century Fox takeover cleared by Europe image
Source : BBC [Read Article] Friday 7th of April 2017 02:37:06 PM
....UK Culture Secretary Karen Bradley has asked regulators to investigate the deal. Last month she told MPs that Ofcom, the media watchdog, and the Competition and Markets Authority, would report to her by 16 May. ...
Lloyds expects payouts to HBOS fraud victims to total £100m image
Source : Guardian [Read Article] Friday 7th of April 2017 08:16:49 AM
....The Financial Conduct Authority is also resuming its investigation into the episode after it was placed on hold in 2013 at the request of Thames Valley police. The watchdog said: “The FCA’s investigation is focusing on the extent and nature of the knowledge of these matters within HBOS and its communications with the Financial Services Authority after the initial discovery of the misconduct. ...
£100MILLION - that's how much Lloyds expects to pay out in fraud compensation image
....The Financial Conduct Authority (FCA) is also resuming its investigation into the episode after it was placed on hold in 2013 at the request of Thames Valley Police. The watchdog said: "The FCA's investigation is focusing on the extent and nature of the knowledge of these matters within HBOS and its communications with the Financial Services Authority after the initial discovery of the misconduct. ...
UK charities fined for data law breaches image
Source : BBC [Read Article] Wednesday 5th of April 2017 10:20:45 AM
. Eleven charities have been fined by the UK's data watchdog for misusing information about millions of past donors to seek further funds. ...
MPs urge crackdown on excessive pay to rebuild public trust in business image
Source : Guardian [Read Article] Wednesday 5th of April 2017 05:30:12 AM
....Responding to the gulf in pay that has emerged between bosses and average workers, MPs on the business, energy and industrial strategy select committee also called on firms to publish pay ratios between top executives and other employees and to put workers on remuneration committees. The MPs urged the government to grant the corporate governance watchdog more powers to hold company directors to account. ...
Bank of England sounds new alarm over consumer credit binge image
Source : Guardian [Read Article] Tuesday 4th of April 2017 11:21:46 AM
....The Bank’s latest remarks on household debts follow signs that rising prices and sluggish wage growth are squeezing incomes and prompting some households to run down savings or turn to loans to cover their living costs. On Monday, the financial watchdog set out proposals to help millions of people languishing under long-term credit card debt. ...
Fibre broadband advertising to be investigated image
Source : BBC [Read Article] Tuesday 4th of April 2017 10:42:13 AM
. The UK's advertising watchdog is looking into the way so-called "fibre broadband" services are marketed. ...
Struggling credit card holders could see fees and charges waived image
Source : Guardian [Read Article] Monday 3rd of April 2017 10:37:47 AM
. Millions of people languishing under long-term credit card debt could see their charges eased or withdrawn under proposals outlined by the financial watchdog. ...
Broadband users could see bills slashed as BT is forced to cut charges image
....Millions of broadband customers could see their bills slashed under proposals from Ofcom that would force BT to cut almost £100m in charges to rivals to provide services to their customers on its network. The telecoms watchdog has published proposals that would see BT-owned Openreach, which controls the UK’s broadband network, dramatically reduce what it charges rivals such as Sky and TalkTalk to offer superfast 40Mb broadband packages to customers via its network. ...

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