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Advertising regulator unveils tough new standards for gambling ads

The UK’s advertising regulator has unveiled a set of new standards for gambling advertisers, on the back of a broad government consultation on the health risks associated with the sprawling industry. The new standards will restrict adverts that create what that the Committees of Advertising Practice (CAP) deem to convey an “inappropriate sense of […]

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Norwegian launches London-Buenos Aires flights for Valentine's Day as part of expansion plans

Brexit will not dent the long-haul expansion plans from Britain of the fast-growing low-cost airline, Norwegian. The Oslo-based airline plans new routes and higher frequency services from Gatwick, its UK hub for transatlantic and Asian services. It will also base its newest Boeing 787 “Dreamliners” at the Sussex airport. The chief executive, Bjorn Kjos, […]

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Electricity bill hike to hit more than 4 million vulnerable households as Ofgem increases price cap

Energy bills will rise by around £57 a year for more than four million UK households after the regulator said it would hike the maximum tariff for vulnerable customers. The safeguard tariff, which sets a cap on prices for eligible households, will increase on 1 April, resulting in a rise in bills from £1,031 […]

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Interest only mortgages leave many owners facing possible eviction

Growing numbers of homeowners are set to lose their homes if they don’t take action to repay their debts, the UK financial regulator has warned. Almost one in five mortgage customers – around 1.7m people – have an interest only mortgage, despite a bid by the Financial Conduct Authority (FCA) to reduce the numbers. […]

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Tesco sparks outrage with change to Clubcard rewards scheme

Consumers are calling on Tesco to backtrack on changes it has introduced to its Clubcard scheme, labelling them as unfair and saying that they will disadvantage thousands of loyal customers. The UK’s biggest retailer’s popular Clubcard scheme offers shoppers the chance to collect points for money they spend in store and online. These points […]