Thoughts on Finance, Current Affairs and General Consumer Ripoffs - Damn Lies and Statistics

In a nutshell, one of the lawyers who represent many of the Private Parking Companies is in a bit of bother with the Solicitors Regulatory Authority with an impending prosecution.This particular company (Gladstones Solicitors) are a real thorn on the side for many people contesting outrageous parking fines and and try taking people to court. People affected by Gladstones are taking great delight in highlighting the troubles that Gladstones are now. What follows is the gist of the incestuous links within the alleged parking scam being operated and making many solicitors and parking companies lots of money (many ex-clampers here) - not sure about the human interest angle - but as regards the prosecution of Gladstones Solicitors by the SDT (full details on the link given) there's £35k given to charity because they couldn't identify the people who had paid them - very unlikely story> The Solicitors Regulation Authority published its’ decision made on 05/06/2021 to Prosecute Glad...

It's already been documented elsewhere that Together Energy is controlled jointly by one of its' shareholders (Paul Scott Richards) and Warrington Borough Council (they seemed to have lent quite a bit of cash to the company to keep them going). This news release by OFGEM may be of interest: https://www.ofgem.gov.uk/publications/ofgem-orders-seven-suppliers-pay-ps179m-unpaid-renewables-obligations-payments Together Energy have failed to pay their Renewable Obligations that amount to £12.4 million. Out of a total of £17.7 million owed by 7 companies, £12.4m of this is owed by one company, Together Energy which doesn't look good news. £12.4M owing!!!!!!!! - Together Energy may be the next to fail, unless they get bailed out again by Warrington Borough Council of course. If I was a resident of Warrington, I'd really be more than a little concerned to find that my council tax and business rates were being used to keep afloat an energy company in Scotland. Where's the gov...

The government have finally revealed the details of the compensation scheme for investors in the failed mini bond company London Capital and Finance. The company was shown to be a Ponzi scheme by the administrators as new investor money was being used to pay interest to existing investors and loans were being made to companies linked to the directors of the company. The announcement by the government has clarified many of the questions raised after the scheme was announced and gives the information to allow investors to decide if they want to accept the compensation offer or wait for the administrators to recover funds from the few remaining solvent investments made by LCF. The details confirm that by accepting the compensation offer investors will give up all rights to any recovery from the administrators and that the FSCS will receive any money that is recovered on their behalf. This is not surprising as it recoups some of the cost of the compensation scheme. It also explains that in...