Scam victims face a postcode lottery when it comes to getting support from councils, new data has revealed. Freedom of Information requests submitted to county councils across Britain have exposed vastly different levels of response in different parts of the country. In Swansea, for example, every one of the 133 scam victims who made a report to trading standards in the past two years was visited while Buckinghamshire and Surrey councils visited just over one in 10. All councils offered some sort of support in the form of call blockers or scam mail collection. Others refer victims to partner agencies such as those which combat loneliness and isolation. The sort of scams which should be reported to trading standards include cold calling, scam mail and businesses selling substandard merchandise. Work by National Trading Standards recently led to six people being charged with money laundering offences for operating a series of £10m ticket resale websites. But Helen Morrissey, of … [Read more...] about Why if you’ve been scammed it’s better to live in Swansea than Buckinghamshire
Report to trading standards
Suffolk Trading Standards has issued a warning about Nottingham Knockers Archant Doorstep callers selling household products – who claim to belong to a rehabilitation scheme – have been targeting areas of Ipswich, Kesgrave and Woodbridge. Suffolk Trading Standards said it has received reports of “Nottingham Knockers” operating in the county this afternoon. The organisation posted a warning on its Facebook page advising people never to buy anything from the cold callers and to report them on 03454 040506, or contact Suffolk police on 101. … [Read more...] about Suffolk Trading Standards issues ‘Nottingham Knockers’ warning
DEN SOMERA Once more, Week 11 of the virtual stock trading challenge did not only give us a continuing lesson on why good stock selection is a must and why frequent turnover is simply not enough to make you win to make money in your trading activities, but it also allowed us a chance to see how the concept should be applied more effectively. We can see this from the trading play of the new leader for Week 11, namely, Play Hard, the youngest and most inexperienced contestant in the game. His market entries were not necessarily based on technical methods of analysis but his stock selections were largely based on fundamental analysis. As he stated in his stock selection standards and investment goals, all are geared and hitched to the government’s “Build, Build, Build Program.” He was not also very particular about the timing of his entry when the virtual stock trading challenge started on March 1. He did not hesitate to enter the market immediately. He seemed to have … [Read more...] about The goal is to trade well and not to trade often
Robinhood is an app built around one promise: no-fee stock and cryptocurrency trading. And it’s a model that’s working for people. A little over four years after launch, the company has a $US5.6 billion valuation ($AU7.4 billion) – four times more than its 2017 valuation of $US1.3 billion. The app first launched in December 2014 and quickly became a favourite among younger people looking to invest. It allows users the freedom to complete a transaction without paying a processing fee, and became the first finance app to win an Apple Design Award thanks to its simple-but-stylish design. In short: It makes stock trading cheap, intuitive, and mobile, which is apparently exactly what young investors were looking for. It began as invite-only, and by the time it opened to the public in March 2015, the waitlist rose above 700,000according to Fortune. By November of that year, TechCrunch reported that it had facilitated over $US1 billion in transactions. In 2018, it completed … [Read more...] about An app millennials are using to trade stocks and cryptocurrencies without any fees is now worth $7.4 billion: Here’s how to use it
Depending on who you ask, the United States is either the 800-lb gorilla around which all the world’s moves should navigate, or the 800-lb gorilla that’s increasingly getting left out of feeding sessions. Either way, when it comes to the United States’ present position on trade, it isn’t much a matter of opinion—other countries are partnering on free trade more than the U.S. is. Addressing this fact in a webinar co-hosted with Sourcing Journal Monday, the American Apparel and Footwear Association (AAFA) pointed out that while there’s been a lot of “noise” from the Trump Administration about trade policy and trade deficits and making trade more beneficial for the U.S., little has materialized in a comprehensive way. Meanwhile, the World Trade Organization, which keeps a database of the world’s trade agreements, has been notified of 30 since Jan. 2016. The EU has its name on four of them, China on two and the U.S. hasn’t … [Read more...] about Is the US Getting Left Behind When it Comes to Trade?