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Market Oracle FREE Newsletter

Analysis Topic: Consumer Watch

The analysis published under this topic are as follows.

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.

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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...

 


ConsumerWatch

Tuesday, July 31, 2007

How to Avoid Getting Ripped off When Exchanging Your Holiday Foreign Currency Money / ConsumerWatch / UK Banking

By: MoneyFacts

Lisa Taylor from Moneyfacts.co.uk – the money search engine investigates: “With the children’s summer holidays well underway and the UK weather showing little sign of improvement, many of us will be jetting off overseas in the next few weeks. With so many things to get ready, like shopping for your new bikini, sun tan cream and flip flops, no doubt these will all take preference to shopping for the best deal on your foreign money.

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

 


ConsumerWatch

Friday, July 27, 2007

OFT Launches Test Case On Unauthorised Bank Overdraft Charges / ConsumerWatch / UK Banking

By: Submissions

The OFT will today commence proceedings in the High Court for a declaration on the application of the law in respect of unauthorised overdraft charges.

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

 


ConsumerWatch

Thursday, July 26, 2007

Using Your Credit and Debit Cards Abroad Could Cost You a Small Fortune… / ConsumerWatch / Credit Cards & Scoring

By: MoneyFacts

Lisa Taylor, analyst at Moneyfacts.co.uk – the money search engine, comments: “With travellers cheques becoming less popular more of us are opting for the convenience of using our plastic when we jet off on our holidays. However many travellers are unaware of the level of costs associated with using debit and credit cards whilst abroad.

“We take it for granted that using our debit cards is free of charge whilst on home soil, so it’s not surprising that some consumers are shocked when they see how the charges stack up after using their card on holiday. With terms such as retail conversion charge, and foreign usage charge, it can be confusing for travellers to know exactly what types of fees they will be liable for, and how much it’s likely to add to the cost of their trip.

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

 


ConsumerWatch

Wednesday, July 18, 2007

BBC Catalog of Phone Competition Deception's as Director General Demands "We must put our house in order" / ConsumerWatch / Scams

By: Sarah_Jones

BBC Director-General Mark Thompson today announced a package of tough measures to address the discovery of further serious breaches of editorial standards across some areas of BBC programmes and content.

The further emerging breaches, revealed following a BBC-wide search of around one million hours of output since January 2005, were reported today by Mr Thompson to the BBC Trust, and the Director-General announced the new measures in response to demands for action from the Trust.

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

 


ConsumerWatch

Wednesday, June 20, 2007

Payment Protection Insurance (PPI) Price Rises adding Insult to Injury / ConsumerWatch / Insurance

By: MoneyFacts

Michelle Slade, personal finance analyst at Moneyfacts.co.uk – the money search engine, comments: “With PPI currently under the OFT microscope and being seen as an ‘overpriced, inflexible’ product, you may have thought lenders would be reluctant to rock the boat further. However as the moneyfacts.co.uk survey shows, for many providers the price has continued to climb over the last year.

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

 


ConsumerWatch

Sunday, June 17, 2007

Farepak Victim Puts her Trust in Park / ConsumerWatch / Social Issues

By: Submissions

On 15th October 2006, Suzy Hall's world turned upside down.

The 36 year-old single mum of two from Edinburgh had just realised that Farepak Hampers, the company she and her four customers had saved almost £1000 with for Christmas 2006, had collapsed.

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

 


ConsumerWatch

Saturday, June 16, 2007

Office of Fair Trading launches Interactive Scams Guides / ConsumerWatch / Scams

By: Submissions

The OFT is today launching a series of interactive scams guides designed to help people avoid being tricked into losing money. The guides expose the clever tactics used by scammers and are the OFT's latest tool in the fight against the scams that cost UK consumers £3.5 billion every year.

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

 


ConsumerWatch

Saturday, April 21, 2007

Huge Credit Card Chip n Pin Scam linked to Tamil Tigers / ConsumerWatch / Scams

By: Shahla_Walayat

Motorists across the UK have fallen victim to a huge oraganised credit card skimming scam, that allegedly aims to fund the activities of the separatist Tamil Tiger group in Sri lanka.

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

 


ConsumerWatch

Saturday, April 21, 2007

Don't Get Trapped by Your Mobile Phone Contracts / ConsumerWatch / Telecoms

By: Submissions

Flip phones, inbuilt cameras, prepaid or contract … with so many different deals on offer its easy to become confused by all the options when you're in the market for a new mobile phone.

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

 


ConsumerWatch

Sunday, April 08, 2007

4/10 life insurance customers ripped-off by ratings / ConsumerWatch / Insurance

By: Submissions

Shocking research from specialist insurance website BestDealInsurance.co.uk reveals how greedy life insurers are making huge profits from loading up customers' life insurance premiums for what are sometimes only minor ailments.

David Thomson, Chief Executive from the company says: “It is scandalous just how many consumers are getting hammered by their life insurer for so-called health risks. For example, if you want insurance and a family member has multiple sclerosis some companies will impose a limitation on to what you are covered for.

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

 


ConsumerWatch

Wednesday, March 28, 2007

Whistleblower reveals car giant Renault's cover-up to Watchdog / ConsumerWatch / Corporate News

By: Sarah_Jones

Car manufacturer Renault is tonight, accused by one of its own staff of deliberately downplaying a serious design fault that causes the bonnet of some cars to open while they're on the road.

In an interview for BBC One 's Watchdog – to be broadcast tonight at 7.30pm – the company's former PR manager Graeme Holt reveals he left Renault because of their handling of the issue.

"I think it's been disgraceful quite frankly," he told the programme. "It doesn't get more serious than putting your customers' lives in danger."

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

 


ConsumerWatch

Tuesday, March 27, 2007

Consumers reveal the truth about UK Inflation / ConsumerWatch / UK Economy

By: Fool.co.uk

The Government grossly underestimates inflation figures according to new findings of an online survey* by independent personal finance website Fool.co.uk

Consumers say inflation is 7.4% not 2.7%

  • Inflation hurts older people most
  • Men and women feel the affects of inflation differently
  • Yorkshire experiences the lowest rate of inflation
Read full article... Read full article...

 


ConsumerWatch

Friday, March 09, 2007

UK Households Save Money on Gas & Electric Energy Bills by Switching suppliers - How to Switch Guide / ConsumerWatch / Utility Bills

By: Shahla_Walayat

After excessive hikes in gas & electric bills by energy suppliers during the past 2 years, many energy suppliers had failed to pass on the lower costs due to specifically the fall in the market price for gas, which has gone from a high of $16 to below $6.

Belatedly energy suppliers have started to cut into their excessive profits, as customers were still being billed as if there has been no fall in the price of gas. Already cuts have followed ranging from 15% for gas and 10% for electricity bills, with more to follow due to the fact that customers are able to switch suppliers and get much better deals.

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

 


ConsumerWatch

Tuesday, January 30, 2007

Microsoft Vista goes on Sale Today 30th Jan 07 - But NO Mad Rush to Buy / ConsumerWatch / Strategic News

By: Certman

The big day for Microsoft finally came, when consumers could buy one of the 5 versions of Vista as it went on general release. Yes that's FIVE versions, you are probably only aware of the 4 consumer versions, but there is also a developers edition which makes the total 5.

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

 


ConsumerWatch

Tuesday, January 16, 2007

Upgrade options for Microsoft XP to Vista / ConsumerWatch / Strategic News

By: Nadeem_Walayat

Less than 2 weeks to go before Microsoft Vista goes on general release.

The favoured install option is to perform a clean install, however if you do need to upgrade your current version of XP to Vista then please see the table below to determine which version of XP can upgrade to which version of Vista.

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

 


ConsumerWatch

Tuesday, December 26, 2006

Microsoft Vista - More security flaws revealed in the new operating system / ConsumerWatch / Strategic News

By: Nadeem_Walayat

More security flaws discovered in Microsoft's Vista operating system, weeks prior to going on general release to the public next month by a Silicon Valley security firm Determina and a russian programmer.

Serious security breaches include :

  • A flaw in Internet Explorer 7, that could allow hackers to take over any computers that visit a rogue website set-up to exploit the flaw in the browser software.
  • Another flaw allows users upgrade their privileges on a computer, potentially allowing them to change system settings and to install software as well as access the wider corporate network.
  • Another flaw found in Microsoft Exchange lets anyone shut down the mail server by sending an infected e-mail to the server
Read full article... Read full article...

 


ConsumerWatch

Wednesday, December 06, 2006

Nigerian email 419 scams / ConsumerWatch / Scams

By: Nadeem_Walayat

The Nigerian scam is alive and kicking, and now targetting the emerging middle classes of India as well as continuing to hit the developed western world. In total the scam defrauds some $500 millions per year and is Nigerias fifth biggest industry.

Nigerian email 419 scams

The way the scam works is by an email sent out originating from Nigeria or another African country to a large mailing list. The emails promise a % share of millions of dollars, for helping officials of a government (or bank, or quasi-government agency or sometimes just members of a particularly rich family) out of an legal problem.

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