Government urges banks to ‘move quickly’ to help 14,000 mortgage prisoners to switch deals

Ministers fired a warning shot at banks this week as the top six lenders stand accused of failing to help mortgage prisoners switch to a better deal. In an open letter Treasury ministers urged banks to move quickly to help mortgage prisoners following some four months of inaction from lenders.    The UK’s financial watchdog introduced … Read more

Eon lost HALF A MILLION customers in 2019 as households switch

Eon lost HALF A MILLION customers in 2019 as households continue to switch away from the Big Six energy suppliers Eon is likely to have lost customers as a result of more people switching provider  It said that the energy price cap also had an effect on its profits  However, it said its total earnings … Read more

Tech firms cash in as office staff switch to working from home

Tech firms cash in as office staff switch to working from home during the coronavirus pandemic By Matt Oliver For The Daily Mail Published: 21:50 GMT, 20 March 2020 | Updated: 22:28 GMT, 20 March 2020 Technology companies are cashing in as millions of office staff switch to working from home during the coronavirus pandemic.  … Read more

Britain’s gin distilleries switch production from alcohol to make hand sanitiser 

Gin distilleries across Britain have switched to making hand sanitiser in a bid to stop the spread of the deadly coronavirus. Distilleries from Dundee to London have shifted their production lines to make hand gel after shortages were reported across the country when the virus began to gather speed earlier this month. People across Britain … Read more

Nintendo Switch online goes DOWN as people across the world begin to work from home

ALABAMA Jefferson County restaurant are take out only, child care centers are closed and visits to nursing homes have been restricted. Public gatherings of more than 25 people banned across the state.  All public schools closed until April 6. Jefferson County Health Officer Mark Wilson said: ‘I know this has a big impact on our community. … Read more

New China fears over grip on UK data firm Global Switch as 5g rows continue

New China fears over grip on UK data firm Global Switch as 5g security rows continue By Jamie Nimmo For The Financial Mail On Sunday Published: 23:47 GMT, 14 March 2020 | Updated: 23:47 GMT, 14 March 2020 A Chinese tycoon who has bought a controlling stake in a UK company that stores sensitive data on … Read more

Elderly face uncertainty as Four Seasons care homes switch owners

Elderly face uncertainty as care home group Four Seasons transfers another 58 properties to new operators By Lucy White For The Daily Mail Published: 23:29 GMT, 12 March 2020 | Updated: 00:33 GMT, 13 March 2020 Elderly residents at Four Seasons care homes face more uncertainty after the group transferred another 58 properties to new … Read more

FCA warns banks to play fair in switch from Libor to Sonia

The financial watchdog has warned banks it will be watching like a hawk to ensure they play fair, as they shift businesses and borrowers from the discredited Libor interest rate. A senior Financial Conduct Authority director told This is Money that if it sees problems with banks it will ‘challenge hard’ and ‘intervene’, to reassure … Read more

Broadband customers charged up to £90 a year to keep email addresses after they switch providers

Some telecoms firms are charging ex-customers up to £7.50 every month to continue using their old email addresses, an investigation by BBC Radio 4’s Moneybox uncovered.  BT charges customers up to £7.50 to hold onto their address, equivalent to £90 annually. Meanwhile, TalkTalk charges previous customers £5 each month to keep their old email address – … Read more