Tag #Consumer Protection

Showing 37 to 48 of 410 results

thetimes.com
🌐 85% Global Worthiness
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Nine-Week Delay in ISA Transfer Costs Customer £1,500

A customer's £15,000 ISA transfer from Halifax to Fidelity was delayed for nine weeks due to a lost cheque, resulting in £1,500 in lost investment returns and significant customer distress. Halifax ultimately compensated the customer.

Progress

56% Bias Score

Reduced Inequality
forbes.com
🌐 75% Global Worthiness
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Consumer-Friendly Banking Tweaks Can Alleviate Financial Strain

Many Americans face financial hardship due to rising costs; however, simple changes to banking practices such as same-day deposit availability and customizable payment due dates could significantly improve household financial health.

Progress

44% Bias Score

No Poverty
smh.com.au
🌐 85% Global Worthiness
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Australian Property Ads Reveal Significant Price Discrepancies

An 18-month analysis of over 200,000 Australian property ads reveals significant discrepancies between advertised and final sale prices, particularly in Sydney, highlighting buyer frustration and potential underquoting issues, despite the illegality of the practice.

Progress

40% Bias Score

Reduced Inequality
gr.euronews.com
🌐 85% Global Worthiness
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EU Air Passenger Rights Facing Citizen Backlash

A European citizens' initiative is gathering signatures to overturn a proposed EU regulation that would raise the minimum flight delay for compensation to four to six hours and lower compensation for long-haul flights; the initiative argues this will cost passengers money, time and rights, while air...

Progress

60% Bias Score

No Poverty
de.euronews.com
🌐 85% Global Worthiness
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Germany Misses EU AI Act Deadline, Raising Oversight Concerns

Germany missed the EU's August 2nd deadline to name AI oversight authorities, prompting concerns about consumer manipulation and hindering its AI development goals; the EU AI Act came into force in August 2024.

Progress

40% Bias Score

Industry, Innovation, and Infrastructure
dailymail.co.uk
🌐 85% Global Worthiness
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Supreme Court Ruling Cuts Car Finance Compensation Costs, Boosts Bank Shares

The Supreme Court's ruling on car finance compensation lowered the estimated cost from £44 billion to £9-£18 billion, causing a surge in bank shares like Lloyds (up 9 percent) and Close Brothers (up 23.5 percent), while the FCA will consult on a new compensation scheme.

Progress

52% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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REIV Backs Reserve Price Disclosure to Combat Underquoting

The Real Estate Institute of Victoria (REIV) now supports disclosing reserve prices before auctions and providing free building and pest reports, responding to an investigation showing widespread underquoting in Victoria and costing buyers thousands of dollars.

Progress

40% Bias Score

Reduced Inequality
smh.com.au
🌐 75% Global Worthiness
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Sydney Auction Underquoting Costs Buyers Millions

An investigation revealed widespread underquoting at Sydney auctions, with properties in suburbs like Smithfield (29% above guide), Greenacre (24%), and Marayong (22%) selling far above advertised prices, costing buyers hundreds of thousands of dollars, disproportionately impacting middle-income ear...

Progress

64% Bias Score

Reduced Inequality
smh.com.au
🌐 85% Global Worthiness
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Sydney Real Estate: Rampant Underquoting Costs Buyers Millions

A Herald investigation exposes rampant underquoting in Sydney's real estate market, with 48 percent of properties selling for over 10 percent above the quoted price, costing buyers significant sums and highlighting inadequate regulations.

Progress

52% Bias Score

Reduced Inequality
foxnews.com
🌐 75% Global Worthiness
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Apeel Reveal Act Mandates Labeling of Produce Coatings

Rep. Stutzman's Apeel Reveal Act (HR 4737) mandates labeling of shelf-life-extending coatings on fruits and vegetables, impacting consumer choice and promoting transparency in the food industry; Apeel Sciences, a leading producer, supports the bill.

Progress

40% Bias Score

Responsible Consumption and Production
theguardian.com
🌐 85% Global Worthiness
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Shein Fined €1 Million in Italy for Misleading Environmental Claims

Italy fined Shein €1 million for misleading environmental claims, its second major penalty in two months following a €40 million fine from France for deceptive commercial practices and unsubstantiated environmental claims, raising concerns about the fast-fashion retailer's sustainability and marketi...

Progress

44% Bias Score

dailymail.co.uk
🌐 85% Global Worthiness
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£18bn Car Finance Compensation for UK Motorists

The UK's Financial Conduct Authority will compensate millions of motorists up to £18 billion for overcharged car finance due to undisclosed commissions, with payouts starting next year following a Supreme Court ruling.

Progress

44% Bias Score

Reduced Inequality

Showing 37 to 48 of 410 results