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APR

Fines For Cold Callers Using Withheld Numbers

Posted in: blog-cer financial

Cold callers hiding behind withheld numbers could be fined more than £2m in a new law to be announced today.From 16 May, all direct marketing companies registered in the UK will need to display their phone numbers when making unsolicited calls, even if they have call centres overseas.Companies can risk fines of up to £2 million from Ofcom and a further £500,000 from the ICO if they continue to bombard consumers with unwanted calls.Ofcom estimates that every year UK consumers re

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21

APR

Lloyds Cuts 430 Jobs In Latest Cost Cull

Posted in: blog-cer financial

Britian's biggest high street bank is to axe hundreds more jobs in the latest phase of a restructuring that will see 10% of its workforce culled by the end of next year.The cuts would affect several of the bank's divisions, it said, including consumer finance, commercial banking and legal.Lloyds added:"As part of our group strategic review, we also announced 200 branch closures over the three-year period. Today we can confirm that we will be closing 21 branches during July 2016 as p

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20

APR

Jobless Total Rises And Wage Growth Flat

Posted in: blog-cer financial

Official figures show a rise in the number of people unemployed and wage growth flat, in a blow for the UK economy.It reported a jump of 21,000 in the jobless total between December and February to 1.7 million - with the UK's unemployment rate unchanged at 5.1%.There was the first monthly rise since last August in the number of people claiming unemployment-related benefits.The total rose by 6,700 in March to 732,100, the ONS said while average annual wage growth, excluding the effect of bonu

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