A man has been sentenced to 13 years in prison, after he was found guilty of conspiring to con dozens of investors out of millions of pounds. Michael Nascimento, ran a call centre where investors were offered shares in Dishonest companies. But instead, the court heard, how he spent some of the […]
Latest Finance and Business News
Thursday 2nd May 2024
Government saves £300m in two years by preventing fraud and error.
The government’s national Fraud Initiative (NFI) has saved over £300 million in taxpayers money, in a two year period. Chloe Smith, Minister for the Constitution, has announced over £300 million in savings, made from clamping down on fraud and error. “We are […]
Pension Scam Victims Win Case Against Mis-sold SIPP.
Thursday 2nd May 2024
The Financial Ombudsman Service has upheld a complaint bought by five individuals who lost nearly £100,000 after transferring their savings following a free pension review.
The decision made by FOS could offer hope to thousands of other victims, who have lost their savings in SIPP’s, a successful way to claim back their money.
The […]
Victims Of Pension Fraud Lost An Average Of £91,000
Thursday 2nd May 2024
The Financial Conduct Authority and The Pensions Regulator have issued a statement, to warn the public to be vigilant when receiving cold-calls, regarding pension investments.
The warning comes after 253 victims contacted Action Fraud to report pension investment Swindle. This resulted in more than £23 million lost to pension scammers in 2017 alone. […]
Business News In Brief
Thursday 2nd May 2024
Shop Direct lose £24.7 million in PPI Claims.
Shop Direct, which owns Very.co.uk and Littlewoods.com, have reported a loss of £24.7 million in one year. This is in stark contrast to a £24.9 million profit in 2017. The company has put the loss down to a further £128 million set-aside to compensate customers […]
UK Flights With Primera Air Cancelled
Tuesday 30th April 2024
UK Flights with Primera Air have been cancelled, as the airline ended more than 200 flight routes from Birmingham Airport, affecting thousands of passengers.
Just 4 months after launching flights from Birmingham airport, a budget airline has announced it is scrapping flights to all 7 destinations in the Mediterranean and Canary Islands.
Primera Air […]
The latest headlines from the timeshare industry.
Tuesday 30th April 2024
Marriott and Starwood Merge for a colossal rebrand.
The merger, which was completed on 1 August, has created the largest portfolio, with 110 Million members and over 6,500 hotels, in 127 countries and 29 brands. They are taking all of these members and brands and combining them into one. This single brand is […]
How to claim compensation for cancelled trains.
Tuesday 30th April 2024
Hundreds of people claim for compensation every day for disruption to their rail journeys, however many passengers do not bother or do not know that they actually have a valid claim.
Commuters who have experienced difficulties travelling on trains are being encouraged to claim back money through the Delay Repay Scheme. It is […]
Passengers stuck for up to six hours in heatwave because of Eurotunnel delays!
Tuesday 30th April 2024
It was one of the busiest weeks of the year for Eurotunnel but travellers were left frustrated when their holidays got off to a bad start.
Massive traffic jams formed on the M20 near Folkestone, in Kent, with drivers abandoning cars to seek shade, on the hottest day of the year. Some passengers […]
Scams We Should All Be On The Lookout For
Tuesday 30th April 2024
Here are just some of the scams we should be on the lookout for.
Police are warning people over doorstep scammers who pose as ex-offenders. The scam involves people posing as ex-offenders going door to door selling items and Greater Manchester Police force are so concerned they have issued a warning. Bogus […]