Developers under investigation over leasehold trap

Developers under investigation over leasehold trap

Britain’s competition watchdog is investigating four of the country’s top housebuilders over the way they are selling leaseholds. The Competition Market Authority’s (CMA) year long investigation into Barratt Developments, Countryside Properties, Persimmon Homes and Taylor Wimpey has now been escalated and the four are facing enforcement action. Ripping off All four are accused of ripping …

PPI claim ‘smoothing’ triple lock could save £15 billion

PPI claim ‘smoothing’ triple lock could save £15 billion

A respected pensions think tank has claimed that ‘smoothing’ the mechanism of the UK’s triple lock pension system would be better than switching to a double lock and would still save £15 million. Concern has been expressed that the effect of the coronavirus pandemic could play havoc with the current triple lock system because of …