Watchdog plans price caps to stop £4bn loyal customer rip-off

Radical reforms aim to stop insurance, mortgage, mobile phone and broadband firms overcharging loyal customersThe competition watchdog has laid down a set of radical reforms to how the insurance, mortgage, mobile phone and broadband markets operate aft…

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Excessive bank fees for unarranged overdrafts to be banned

FCA says banks make £2.4bn a year from overdrafts and market is ‘dysfunctional’Banks are to be banned from charging excessive fees for unauthorised overdrafts, paid by 14 million people every year, after the City watchdog found that the current system …

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Questions over energy firms’ £58m debt to renewables obligation scheme | Letters

To protect customers, renewables obligations need to be managed as commercially as networks and wholesale markets, writes Stephen LittlechildThe energy regulator Ofgem has announced a shortfall of £58.6m in this year’s renewables obligation schemes, be…

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