Breaking news
Ebay’s £7bn ads deal faces probe by competition watchdog in monopoly fears The CMA has started examining eBay’s £7billion deal with Norway’s Adevinta Ebay is selling its classified ads division that includes Gumtree and Motors.co.uk The CMA is scrutinising the deal because Gumtree and Motors.co.uk have millions of UK users between them By Helen Cahill … Read more
Greater Manchester Police refers itself to watchdog over previous contact officers had with woman, 28, and two men, 41 and 39, days before they were found dead in house in ‘unexplained’ circumstances Three people, a woman and two men, were pronounced dead in Manchester Officers attended the house in Failsworth on December 23, days before … Read more
Watchdog bans ‘irresponsible’ Klarna adverts posted by four Instagram influencers that urged people to use ‘buy now, pay later’ service to ‘boost their mood’ during lockdown Advertising Standards Authority banned Swedish bank Klarna’s campaign Klarna hired influencers to encourage followers to shop online to boost mood Watchdog said the ads ‘irresponsibly encouraged use of credit … Read more
That’s barking! Pet insurance premiums hit £1k-a-year amid soaring costs, consumer watchdog says Dog owners pay an average of £420 a year for pet cover while cat owners £264 At renewal, premiums typically rise by £84 for dogs and £40 for cats There has been a surge in the number of families buying pets over lockdown … Read more
Netflix ‘needs a British watchdog with teeth’, ministers are warned as Dutch regulators admit they have little power to sanction the streaming site over The Crown The American streaming giant has its European headquarters in Amsterdam Comes under the scrutiny of Dutch regulators, who admit they have little power Come after protests at how The … Read more
Facebook told to pay £139,667 in legal costs to UK markets watchdog after losing court battle over its acquisition of image firm Giphy By Helen Cahill, Financial Mail On Sunday Published: 21:50 GMT, 19 December 2020 | Updated: 22:27 GMT, 19 December 2020 Facebook has been told to pay £139,667 in legal costs to the … Read more
Watchdog delayed raid on London Capital & Finance over concerns there were guns on the firm’s premises By Mark Shapland For The Daily Mail Published: 21:50 GMT, 18 December 2020 | Updated: 21:50 GMT, 18 December 2020 The City watchdog delayed a crucial raid on London Capital & Finance over concerns there were guns on … Read more
Banks can wriggle out of paying fraud refunds if they can prove victims ignored warnings on their websites. Yet a damning report by the Lending Standards Board (LSB) revealed last week that many of these scam alerts are vague, ineffective and not good enough. The watchdog refused to name and shame the banks with the … Read more
Labour MP Chris Bryant faces calls to quit Commons’ standards watchdog ‘for telling Speaker to “f*** off”‘ Tory backbencher Julie Marson says she saw Chris Bryant mouth the words Labour MP Mr Bryant is the chairman of the Commons’ standards committee ‘His behaviour last week leaves a very big question mark,’ Ms Marson said Mr … Read more
Competition and Markets Authority boss Andrea Coscelli warns Facebook: Britain will block your takeovers By Helen Cahill, Financial Mail On Sunday Published: 21:52 GMT, 12 December 2020 | Updated: 22:41 GMT, 12 December 2020 The boss of Britain’s markets watchdog has ramped up his attack on US tech giants with a threat to block takeovers … Read more