Financial news

• Whirlpool ordered by UK to recall 500,000 tumble dryers

  11-06-2019 20:43
  ‘Unprecedented’ government move comes four years after firm issued safety warningThe government is to order an “unprecedented” recall of up to 500,000 Whirlpool tumble dryers – four years after fire safety concerns were first raised.The move is a dramatic escalation in a long-running controversy involving the company’s “fire-risk” tumble dryers, and its handling of an issue that may have left dangerous machines in UK homes. Continue reading...
  
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• Leasehold trap: watchdog investigates if homebuyers are treated unfairly

  11-06-2019 16:11
  Competition and Markets Authority to look at mis-selling and potentially unfair contractsUK homeowners at risk of falling into the so-called “leasehold trap” could benefit from a new official investigation into potential misleading practices and unfair terms.The Competition and Markets Authority (CMA) said its inquiry into the leasehold market – the latest in a line of investigations – would look at whether consumers were being treated fairly. Continue reading...
  
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• Best Western kept me waiting, then issued a parking fine

  11-06-2019 08:00
  I went to get my iPhone back, then got a penalty for going over the 20-minute free parkingIn March I stayed at a Best Western hotel in Stratford-upon-Avon for one night and left my iPhone behind. After phoning the hotel, I was told that my phone had been found. I said I would collect it the same evening and parked on the premises. However, the receptionist was unable to find the phone and I had to wait more than 30 minutes before she located it. Imagine my shock when I was subsequently informed,
  
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