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Dan Wootton sacked by MailOnline as Ofcom investigates GB News scandal Regulator received 7,300 complaints after Laurence Fox’s sexist comments. Wootton had written a regular column for the Daily Mail since 2021. It was paused in August pending an investigation into allegations that he offered colleagues money for sexual material while using a pseudonym.
Customers to get less than £7 rebate from Thames Water despite sewage failings Thames Water was the hardest hit by financial penalties handed out by Ofwat. Regulator ordered the UK’s largest supplier to return £100m to billpayers. Customers are likely to receive an average of £6.70 off their annual bills.
UK vets under review as dog owners slapped with huge bills paying £256 extra a year Competition and Markets Authority (CMA) has announced plans to review the UK's veterinary industry and protect millions of pet-owning households. Regulator believes owners have been left with little choice and ‘eye-watering’ bills as independent practices become the minority.
ASIC warns sellers of ‘financial heroin’ over their mass marketing ASIC warns sellers of high-risk financial betting products to clean up their act. Regulator recently sued eToro, a leading sponsor of the Australian rugby’s Wallabies.
ASIC warns sellers of ‘financial heroin’ over their mass marketing ASIC warns sellers of high-risk financial betting products to clean up their act. Regulator recently sued eToro, a leading sponsor of the Australian rugby’s Wallabies.
Ofgem forces Ovo Energy to improve `serious´ customer... Ofgem forces Ovo Energy to improve `serious´ customer complaints backlog. Regulator said it had set Ovo “clear expectations and improvement targets’
Financial watchdog to ask MPs about debanking experiences Financial Conduct Authority is looking into the rules surrounding politically exposed persons (PEPs), which includes MPs. Regulator is sending a letter out to British MPs on Tuesday. They will be asked to share their experiences in dealing with financial firms.
Regulator proposes to ease delisting norms | Mint Sebi proposed providing an alternative route to listed firms for reverse book building. Regulator has also proposed a tweak counter offer framework. Sebi chairperson Madhabi Puri Buch said a relook into the delisting rules was necessary.
Electoral registers hacked by 'hostile actors' in 'complex cyber-attack' Electoral Commission hacked by 'hostile actors' who had access to UK's electoral register which includes voters' details. Commission confirmed the 'complex cyber-attack' today (Tuesday, August 8) and said the hack was identified last October. Regulator said it then became clear the systems were first accessed in August 2021.
Ofcom launches four new investigations into GB News programmes over due impartiality Ofcom has launched four investigations into GB News's compliance with due impartiality rules. Regulator said it is looking into episodes of three programmes hosted by politicans. It brings the total number of active investigations into the broadcaster up to seven, after another three were launched earlier this year.
Energy regulator targets new protections for homes and businesses before winter Ofgem says it is responding to complaints about poor customer service standards. Providers will face a minimum capital requirement to improve resilience to market shocks. Regulator also wants the power to order suppliers to ringfence a portion of their holdings.
Energy firms made to keep phone lines open on evenings and weekends Ofgem has launched a consultation to make it easier for households to contact their supplier amid plummeting customer satisfaction. Regulator also wants firms to do more to identify vulnerable customers.
Banks warned over 'weak excuses' for savings rates Treasury Select Committee chair Harriett Baldwin said: "The time for weak excuses is over" Regulator said it would look at whether minimal returns for loyal savers were offering fair value. Banks said they were providing a range of deals at competitive rates.
Ofgem calls on firms to publish all tariffs amid return to fixed deals Ofgem has told energy suppliers to publish clear details of all tariffs. Regulator wants to make it easier for households to understand if it is worth switching to a fixed deal. Follows MoneySavingExpert.com founder Martin Lewis writing to Ofgem boss Jonathan Brearley.
Rail station prices investigated over fears of food and drink rip-off Rail passengers spend more than £1bn every year on everything from bottled water to burgers. Office of Rail and Road said that “preliminary research and investigations’ had identified significantly higher prices in stations compared to the high street. Regulator has now launched a full investigation into how passengers are paying over the odds.
‘Polite queuing’ will not decarbonise energy grid, says Ofgem boss More than half of all renewable projects wait for over half a decade for a connection to the grid, Ofgem said. Regulator chief Jonathan Brearley said that it is “unacceptable’ that some renewable energy projects which may never be built are able to block more viable wind and solar farms.
UK energy suppliers to set up dedicated phone lines for vulnerable households Regulator is planning a crackdown on suppliers’ conduct after slump in customer service during the energy crisis. Ofgem will today launch a consultation on methods to improve their service.
The Times view on Ofgem’s response to the prepayment meter scandal: Power Failure Ofgem has published new guidelines on forced installation of pre-paid meters by energy companies. Regulator was forced to act after an investigation by The Times exposed how British Gas had sent agents to break into the homes of vulnerable customers.
GB News: Ofcom not investgating alternative Match of The Day segment GB News’ alternative Match of The Day aired during Gary Lineker’s suspension. Co-host Patrick Christys sparked backlash after he mocked rainbow flags. Comments racked up 222 complaints to Ofcom, while fans expressed their frustration on Twitter. Regulator has now insisted the episode had been ‘assessed under generally accepted standards’
BUSINESS LIVE: UBS acquires Credit Suisse; Water dividends crackdown UBS to acquire Credit Suisse; Regulator eyes crackdown on water company dividends. FirstGroup West Coast rail contract extended.