FCA find mis-selling in insurance

The PPI mis-selling scandal has dogged the banking world for a long time now, and bothered everyone with a variety of spam messages and mithering claims companies. You can of course, follow our guide and make your own PPI claims for free. Now, it looks like we might have another mis-selling scandal, thanks to the…

Banking apps on the up, as payment via apps goes up by 54%

Banking apps on smartphones are surging in popularity in the UK, with payments via mobile going up by 54% in 2015, with a value of £347 million. It isn't surprising really, as more and more people have smartphones than ever before. Of course, desktop banking can be a slight faff, remembering passwords and the like,…

Sainsbury's Argos takeover is go!

The Competition and Markets Authority (CMA) have given the green light for Sainsbury's to takeover Argos, for a whopping £1.4 billion. The CMA decided not to bother referring this move for further investigation, and now the supermarket will be able to press on with their purchase of Argos owner, the Home Retail Group. Sainsbury's think…

Sports Direct like 'a Victorian warehouse'

Sports Direct have been under a lot of scrutiny for a while now, thanks to the way their staff have been treated. A parliamentary inquiry has added to all this, saying the Mike Ashley has been running the company like a Victorian workhouse, making a business from a model that treats workers “without dignity or…

McDonald's fall foul of 'invent your own burger' scheme

When things are put to the public, people start getting mischievous. When Man City asked the public to name one of their stands, everyone chose player Colin Bell, hoping there'd be a 'Colin Bell End'. Asking the public to come up with a name for a research boat, the people who posed the question soon…

Nivea's seagull that craps on you

With the sun out, there'll be a lot of people making sure that you've got suncream on. Of course, not everyone likes wearing it, either through a need to act hard, or because the feeling of cream on your skin makes you a bit nauseous. Well, Nivea came up with a novel solution to this…

BT Broadband suffers more outages

BT went down, frustrating a number of customers the other day. Things didn't get sorted, which meant there was a second day of patchy service. The telco says that this issue, which was the result of a power issue, has now been fixed. BT said: "We apologise to those BT customers who had problems connecting…

SSE still losing customers

Energy bigwigs, SSE, are still losing customers. They've shed another 50,000 accounts in the three months to June. Looks like people are finally cottoning onto the fact that there's deals to be had elsewhere, if you're unhappy with your big provider. More and more people are signing up with smaller companies, and SSE are feeling…

Sainsbury's launch same-day delivery

Sainsbury's are launching a same-day delivery service. They'll be testing out this new scheme at three of their supermarkets, and should they work, they'll roll it out to 30 stores by Christmas. Of course, this is a reaction to the relative success of Amazon, who have been doing same-day delivery for a while now. Seeing…

HSBC exec charged with fraud

Mark Johnson, a big HSBC executive, has been charged with fraud in the USA, along with a former colleague called Stuart Scott. Johnson, HSBC's global head of foreign exchange trading, was arrested after being accused of using insider information to make money off a currency deal, say the US Department of Justice (DoJ). HSBC are…

Santander launches £1 123 account

Santander's '123' account has been rather successful for the bank, however, in the last few months, they've seen a large drop in the number of people switching to them. This is because they upped the monthly fee on their account from £2 to £5 per month. To reverse this trend, they have now launched a…

Virgin Money offers 2.5% on one-year fixed savings account - with a Man Utd shaped catch

Virgin Money have hit on a strange idea - they've launched a new savings account which offers a rate of 2.5%, but that's only if Manchester United win the 2016/17 Premier League title. The 'Champions Bond' is fixed for one year at 1.25%, but if Man Utd win the league, it unlocks your bonus. Feel…

Switching sites shouldn't hide deals say MPs

Remember the CMA saying that switching and comparison sites should be able to 'hide' deals? They argued that this would somehow promote competition, despite the fact everything points to the contrary. Well, MPs have disagreed with the watchdog, saying that price comparison websites hiding energy deals that don't earn them commission should be rejected. The…

Dollar razors heading to the UK

Do you buy fancyish razor blades, and wonder why you're spending so much of your money on them? Largely, they're a rip-off, and that's something to do with so few companies producing them. It's almost as if there's an artificially inflated price thanks to a monopoly. Lawyers, you'll note we said 'almost like'. Well, some…

Order booze from Deliveroo

If you've been using Deliveroo, and ordering food from your favourite restaurants, but with the added pleasure of not having to leave the house or deal with other humans, good news! They're partnering with Majestic Wines, BrewDog and a number of other independent booze merchants, so you can order alcohol straight to your door, and…