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Market Oracle FREE Newsletter

Analysis Topic: Consumer Watch

The analysis published under this topic are as follows.

ConsumerWatch

Friday, September 18, 2009

Should Energy Companies Ripping off Customers be Nationalised? / ConsumerWatch / Household Bills

By: Nadeem_Walayat

Ofgem, Britains' toothless energy regulator announced today what customers already knew that Britians' six main energy suppliers (British Gas, E.ON, Scottish Power, Scottish & Southern Energy, EDF Energy) are ripping off their customers to the tune of more than £170 each per annum. In the face of a 75% fall in the whole gas price energy suppliers have raised prices by 20% on a year earlier, this is AFTER a 35% price hike during mid 2008. The industry representatives have publically replied that they may even raise energy prices further despite the fact that average wholesale prices for power has halved over the past 12 months which is reflected in projected profits for the sector of £4 billion over the next 12 months.

Read full article... Read full article...

 


ConsumerWatch

Monday, September 07, 2009

Sky Saves the Planet by Killing Digiboxes / ConsumerWatch / Technology

By: Nadeem_Walayat

Sky in recent months has been automatically putting sky boxes into standby during the night to save the planet by cutting back on electricity usage whilst the viewer is 'asleep'.

Read full article... Read full article...

 


ConsumerWatch

Tuesday, August 25, 2009

Which UK Full HD Digital Camcorder Review / ConsumerWatch / Technology

By: Nadeem_Walayat

Best Financial Markets Analysis ArticleThe must have consumer gadget of 2009 is a Full HD camcorder / digital camera combo which is the target for this review and selection process.

Read full article... Read full article...

 


ConsumerWatch

Wednesday, August 19, 2009

U.S. Hacker Steals 130m Credit Card Numbers / ConsumerWatch / Credit Cards & Scoring

By: Pravda

The man who prosecutors said had masterminded some of the most brazen thefts of credit and debit card numbers in history was charged on Monday with an even larger set of digital break-ins.

Read full article... Read full article...

 


ConsumerWatch

Saturday, June 06, 2009

Recession Pyramid Schemes Scam Warning / ConsumerWatch / Scams

By: Consumer_Direct

Government advice service Consumer Direct is urging people to avoid falling victim to pyramid schemes which are costing UK consumers an estimated £420 million a year.

Read full article... Read full article...

 


ConsumerWatch

Saturday, June 06, 2009

Selling Your Car? Cold Calling Buyer Matching Scam Warning / ConsumerWatch / Scams

By: Consumer_Direct

Consumer Direct, the OFT-managed advice service, is warning consumers about vehicle matching scams which cost UK consumers nearly £3 million every year.

Read full article... Read full article...

 


ConsumerWatch

Tuesday, May 05, 2009

Age Discrimination Rife Within Motor and Travel Insurance / ConsumerWatch / Insurance

By: MoneySupermarket

Best Financial Markets Analysis ArticleWith the Government's Equality Bill published today and 'appropriate age-based treatment' allowed, research from moneysupermarket.com finds Brits will continue to be punished with high travel and motoring premium costs on the grounds of their age.

Read full article... Read full article...

 


ConsumerWatch

Thursday, March 12, 2009

Recession Investment, Debt, Housing and Identity SCAMS to Watch Out for / ConsumerWatch / Scams

By: Money_and_Markets

Diamond Rated - Best Financial Markets Analysis ArticleLarry Edelson writes: I'm taking a different path in this issue. I'm going to discuss a few things that hardly anyone is warning you about.

Yet, they're so important, they simply cannot be overlooked. To do so would be foolhardy.

Read full article... Read full article...

 


ConsumerWatch

Sunday, December 21, 2008

Christmas Scams 2008 Shopping and Emails Alert / ConsumerWatch / Scams

By: Shahla_Walayat

The Fake Internet Shopping Website Christmas Scam - With Christmas just 4 days away shoppers need to be on guard against scammers taking advantage of the last minute rush to buy that is well underway.

Every year, there tends to be a must buy gift, usually a toy that is in short supply due to the demand from parents eager to fullfill their children's wishes.

Read full article... Read full article...

 


ConsumerWatch

Thursday, April 17, 2008

OFT credit card default charges– Two years on / ConsumerWatch / Credit Cards & Scoring

By: MoneyFacts

In April 2006 the Office of Fair Trading (OFT) declared that default charges on credit cards were too high and suggested capping these at £12. In the months that followed lenders cut these charges to £12 but in an attempt to recoup lost revenue, they hiked rates and charges elsewhere. Two years on, how much have the rates and charges on credit cards increased?

Read full article... Read full article...

 


ConsumerWatch

Saturday, April 12, 2008

Consumers Abused by Default Product Purchase Choices / ConsumerWatch / Purchasing

By: Joel_S_Hirschhorn

At some point the business sector realized the best way to take advantage of consumers was to use default options that make them spend money. A default option works because it creates an automatic decision by the consumer doing nothing. And doing nothing is the path of least resistance for time-poor consumers struggling to balance the many difficult responsibilities associated with work, family, maintaining financial security, and coping with stresses on their health.

Read full article... Read full article...

 


ConsumerWatch

Saturday, March 15, 2008

Florida Boiler Room Shares Con Scams 15,000 Elderly Britons / ConsumerWatch / Scams

By: Sarah_Jones

More than 15,000 Britons have fallen victim to a "Boiler Room" Shares scam that allegedly netted the father and daughter perpetrators more than £35 million.

Paul Gunter, 58, and his daughter Zibiah, 25, were charged by Florida Police with with multiple counts of fraud and money laundering, which carry penalties of 5 to 25 years in prison. Both suspects are British Citizens but resident in the USA and in the process of obtaining US citizenship.

Read full article... Read full article...

 


ConsumerWatch

Tuesday, January 08, 2008

02031035180 SCAM Calls Or Very Bad Public Relations by the Halifax? / ConsumerWatch / Scams

By: Sarah_Jones

Brit's up and down the land are being plagued by calls from 0203 103 5180, whilst most take the form of nuisance silent calls, however many people have been reporting that the caller proports to be calling on the behalf of a major UK Bank, The Halifax (Bank of Scotland) and proceeds to ask for personal banking and circumstance information.

Read full article... Read full article...

 


ConsumerWatch

Thursday, December 20, 2007

Twelve Consumer Shopping Tips For Christmas / ConsumerWatch / Money Saving

By: Consumer_Direct

Best Financial Markets Analysis ArticleWith the Christmas shopping season well under way, Consumer Direct has put together 12 top shopping tips for Christmas to help shoppers avoid problems and get the best deal.

1. Presents

When buying presents, always keep receipts just in case there is a problem with the goods and they need to be returned.

Read full article... Read full article...

 


ConsumerWatch

Tuesday, November 20, 2007

UK Public Sector Incompetence Sinks to New Low - Loss of 25m UK Child Benefit Records / ConsumerWatch / UK Tax & Budget

By: Nadeem_Walayat

The UK Public sector, renowned for gross incompetence and negligence sinks to a new low today as the government announces that the HMRC (Tax and Customs Department) has lost what tantamount's to ALL of the financial records and personal information of ALL of the UK Child Benefit Claimants. This now puts 25 million people at the potential risk of identity theft.

Read full article... Read full article...

 


ConsumerWatch

Monday, October 08, 2007

Asda Supermarket Milk Going Bad Early / ConsumerWatch / Corporate News

By: N_Walayat

In my experience over several weeks, the Milk being sold by Asda at its Sheffield store is consistently going off before the sell by date.

Read full article... Read full article...

 


ConsumerWatch

Wednesday, September 26, 2007

FSA publishes latest findings on Payment Protection Insurance (PPI) / ConsumerWatch / Insurance

By: Submissions

The Financial Services Authority (FSA) has today published the findings of its latest review of Payment Protection Insurance (PPI) selling standards. They show improvements in some areas, but also that many firms are still failing to treat their customers fairly.

Read full article... Read full article...

 


ConsumerWatch

Wednesday, August 15, 2007

Trade War Looming as Made in China Toxic Consumer Goods Removed from Shelves / ConsumerWatch / China

By: Phillipa_Green

Chinese factories start to feel a chill as Wall Mart follows Mattel in removing substandard chinease products from their shelves.

The giant Lee Der toy company that used to employ 5000 workers remains closed after Matels recall of some 18 million toys, likely to cost the company in the hundreds of millions of dollars. Another 10,000 toy factories employing more than a million workers similarly await judgment day in the form of cascading bad consumer press.

Read full article... Read full article...

 


ConsumerWatch

Wednesday, August 08, 2007

Bank and Building Society Mergers Can Spoil Your Savings / ConsumerWatch / UK Banking

By: MoneyFacts

UK bank and building society mergers do not benefit their customers, according to a new study. An analysis of UK bank and building society mergers has found that although these mergers have generated substantial efficiencies for the banks concerned these benefits have not been passed on to customers.

Read full article... Read full article...

 


ConsumerWatch

Saturday, August 04, 2007

Lower Standards - The Downsides to Outsourcing to China / ConsumerWatch / China Economy

By: Andy_Sutton

We were greeted this week again with something that is becoming rather familiar and worrisome; a recall of yet another Chinese-made product. This time it was toys which contained paint with unacceptable lead levels. Most if not all of us remember the recent pet food scandal in which melamine was found in pet food. This substance was responsible for the deaths of an untold number of pets, our own included.

Read full article... Read full article...

 


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