Which? demands boost to aviation regulator’s powers as passengers fume at airlines January 9, 2023 Which? has called on the government to bolster the aviation watchdog’s powers as fresh data reveals that passengers are losing faith in airlines’ ability to provide good customer service. Data published today by the consumer champion found that 39 per cent of adults who flew between January and October 2022 didn’t trust that airlines would [...]
Welcome the era of integrated finance, led by banks and fintechs partnerships May 12, 2022 The digital revolution is transforming the way people do business and, whether we like it or not, innovation is now at the heart of our banking system. Traditional banks are no longer lone players in the field. Fintech innovators are gaining momentum by fully digitising their services and revitalising customer relations. These new players know [...]
FCA’s anti-greenwashing guidance comes into force next week. Lawyers explain what to expect May 26, 2024 The FCA's new anti-greenwashing guidance comes into force next week. Lawyers explain to City A.M. what companies should expect from this and the implications if they mess up
JD Sports appoints former B&Q exec as CEO August 2, 2022 JD Sports has named former B&Q executive Régis Schultz as new CEO, as the sportswear retailer hopes to put a slew of negative headlines behind it. Schultz is anticipated to join the London-listed retailer in September, with interim boss Kath Smith to resume her former role as a senior independent director on the board. He [...]
Inflation is pushing prices up – but anticompetitive cartels could be too April 5, 2022 Tough times prompt more crime. It is a truism which, as usual, contains a measure of fact. Prices have been rising for months and a spike in fuel costs worldwide has created a perfect storm for cartel activity and prompted an unprecedented reaction from the world’s leading competition agencies. One major concern is companies taking [...]
CMA receives 16,000 consumer complaints over coronavirus refunds April 24, 2020 Around four fifths of the complaints received by the Competition and Markets Authority’s (CMA) coronavirus taskforce have been related to refunds and cancellations. As of the beginning of the week, the CMA has received a total of 21,000 complaints related to the disease. According to the competition watchdog, 14,000 of these complaints refer to the [...]
CMA clears £6.2bn Just Eat Takeaway merger April 23, 2020 Just Eat and Takeaway.com received the green light to complete their £6.2bn merger today. UK watchdog t he Competition and Markets Authority (CMA) found the tie-up would not lessen competition in the food delivery space. The CMA said it was “satsified there are no competition concerns”. Takeaway.com fought off a rival bid from Dutch rival [...]
Facebook and Twitter ‘failing to tackle fake review factories’ January 13, 2022 Facebook and Twitter have been accused of failing to tackle an online industry of fake product reviews, with new research uncovering schemes on the platforms with hundreds of thousands of members.
Watchdog investigates big broadcasters for supposed antitrust breaches with freelance workers July 13, 2022 The UK watchdog has opened an investigation into ITV's purchase of freelance services, which support the production and broadcasting of sports content.
Competition watchdog investigates complaint over treatment of whistleblower December 19, 2021 The UK's competition authority has reportedly launched an internal investigation into claims a director pressured a whistleblower to retract claims.