UK firms overcharging loyal customers could soon face instant fines

Watchdog could get new powers over mobile, broadband and insurance providersFirms that exploit consumer loyalty by overcharging longstanding customers could soon face instant fines under plans unveiled by the government.The “loyalty penalty” is estimat…

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Council staff pensions at risk from Woodford investments

Three Welsh local authorities have put in up to £10m in sister scheme hit by suspension of flagship fundCouncil workers have been left exposed to the underperformance of Neil Woodford’s stock market-listed fund, with a £10m investment by council pensio…

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