ENDOWMENT FLOPS EXPOSED

Tens of thousands of homebuyers who were persuaded to take out mortgage endowment policies with insurance companies in the 1970’s and 1980’s are now counting the cost as the expected value has crashed over the last 25 years.

Some of the worst cases are plans sold by Standard Life, Scottish Life, General Accident, Scottish Widows, Legal and General, Norwich Union, Friends Provident, Scottish Amicable, Prudential, Royal London Life and AXA Sun Life, all sold by heavily commissioned sales executives as expected to be worth more than £100,000 at maturity and all showing a 70%+ shortfall on the expectation. A Standard Life plan expected to mature at £110,339 is worth just £23, 814, a shortfall of nearly 80%

STEPHEN DRAWS THE LINE

Actor Stephen Tomkinson (DCI Banks) has turned down lucrative voice-over work offers from a credit card company.

This is, he says, “because I believe that firms like theirs prey on vulnerable people. I don’t want to be persuading viewers to get further into debt. Loan companies make it all sound very easy and their customers don’t think it all through. I can’t be part of that deception”

Now you know.

ADS IN THE DOCK

o An ad for Surrey Police that suggested hearing a crying baby was not a reason to dial 999 has been branded as irresponsible and banned by the Advertising Standards Authority (ASA)

A complainant pointed out that noise from children crying could be a sign that they were in danger.

 

o A Royal Mail ad that was intended to raise awareness of identity theft has been banned by the ASA for being too frightening.

The ad showed a gang of balaclava-wearers threatening bank staff with baseball bats in a robbery, an approach that the ASA said was “excessively threatening and distressing”. It was shown during Coronation Street.

 

o Virgin Active apologised to a ballet dancer who appeared in an ad for their gyms after staff at the company airbrushed out her permanent cochlear implant.

Simone Welgemoed, 27, who was born deaf was furious with the omission, made without her permission, and said that it made it look as though Virgin were only happy to welcome to their gyms people without an obvious disability. Virgin Active agreed and reinstated her original image for their ad.

TIME TO STOP THE BLACKMAIL

Now our train driver’s unions have won a 30% wage increase for their poverty-stricken members after a year of holding travellers to ransom and damaging lives to fill their pockets it will be interesting to see what happens next. Emboldened by the sentiments of J. Corbyn who, completely understandably, says his paymasters should have more power will they now hold more successful strikes for another 30%, or 50%, or 100%?

Of course, our country being members of the EU and beholden to EU law has helped our unions build their power and it is no secret that they are very keen to see this continue.

Which is probably another good reason for anyone who feels that the unions have too much power to back the Brexit. For once we are able to make our own laws again some serious democratic consideration can be given to whether we can all afford to allow the above rot to continue.

Then let joy be unconfined…

HOLIDAY FRAUDSTERS JAILED

A couple from Liverpool are the first to be jailed for making false claims of food poisoning on their holidays.

Paul Roberts, 43, and his partner Deborah Briton,53, sobbed in the dock as they were jailed for fifteen months and nine months respectively for claiming that two consecutive two week holidays to Majorca in 2015 and 2016, staying at the same hotel, had been ruined by severe gastric illness and suffering from “diarrhoea, stomach cramps, lethargy, fever and nausea”. This was despite posting on social media that they had enjoyed “sun, laughter and fun”.

The action was brought by Thomas Cook, who the couple were claiming nearly £20,000 from Holiday sickness claims have increased by 500% – 700% and bogus claims are thought to cost the travel industry £240 million. The frauds are fuelled by touts working for a fee from the solicitors bringing the cases.

ICELANDIC FAKE

A bad time, we see, for Skuli Mogensen, founder and CEO of Icelandic carrier Wow Air.

Morgensen’s firm, stupidly, blitzed the press with a silly lie about a £99 fare from London Stansted to New York, nonsense that was nevertheless picked up and publicised unquestioningly by such quality organs as the Daily Mail, Daily Express, Daily Mirror, the Sun and Hello magazine. Fortunately one sensible journalist, Simon Calder, checked out the scam on behalf of readers of the Independent and its i paper and reported that the £99 fare did not exist, and that the best Mr Morgensen could offer was a one way fare of £170 or a round trip for £251, both entailing first flying to Keflavik airport in Iceland rather than non-stop.

Morgensen’s efforts at misleading, opined Calder, proved the fake news principle that “a fib can travel halfway around the globe while the truth is putting on its boots” So mind who you believe.

VENETIAN SCAM

Visitors to Venice have been advised not to trust some of its restaurateurs after a group of three British tourists were charged £154 each for a lunch that included expensive dishes that they did not order.

Reportedly these extras, charged at the Trattoria Cassonova off St Mark’s Square, included a plate of 20 oysters for £96 and a mixed fried fish dish, including lobster, for £261.50. Sadly university lecturer Luke Tang, who was treating his elderly parents did not send the unordered items back, even after he had got no response from the waiters to a request for the price.

Mr Tang paid the bill and wrote afterwards to Venice mayor Luigi Brugnaro explaining that he felt “blackmailed” by the restaurant, and to warn others to stay away. Brugnaro’s response, to call the tourists “cheapskates” on Venetian television and berating them for not leaving a tip, can only lead to the conclusion that eating in Venice is not a good idea. This is a pity as in the writer’s experience there are some culinary bargains to be had there, though you probably need to avoid the tourist traps around the St Mark’s Square area, and taking any advice from the mayor.

Our best advice? The unordered dishes scam is alive and well in many other places, with a large number of restaurants in the Ile Sacre eating area of Brussels coming top of the Euro rip-off list. However in London, at a newly opened Chinese eaterie in Gerrard Street, the writer was brought an unordered and expensive duck dish, on the basis that the waiter “just thought you would like it” We sent it straight back untouched. Go and do likewise, and let us know if, and where, it happens to you.

DRAM SHAM

A bottle of what was purported to be a very rare single malt whisky has been found to be a fake.

The bottle of The Macallan, supposedly dating from 1878, had been kept unopened at the whisky bar of the Waldhaus Am See hotel in St Moritza, Switzerland for 25 years. Earlier this year Chinese millionaire Zhang Wei paid £7,600 for the bottle to be opened and for a measure to taste, which he did with the hotel’s manager, Sandro Bernasconi.. According to Mr Zhang, 36, he enjoyed both the good taste and the sense of drinking some 139 year old history.

Sadly when experts investigated the bottle they found it was a fake, being a blend of malt and grain whiskies bottled in the 1970’s. Had the bottle been genuine it would have been worth around £227,000, or around £8,000 a measure.

Since the whisky was proved to be a worthless fake Bernasconi flew to China to give Mr Zhang his money back.

RULE BRITANNIA?

Hotel group Britannia have been voted the nation’s worst for the fifth year running in the annual consumer survey carried out by Which? magazine.

The survey was split into large chains of 31 hotels or more worldwide and small/medium chains of 30 or less worldwide and was collated from the views of 4,000 consumers. It gave Britannia two stars out of five in all categories, including bed comfort, cleanliness, customer service and value for money. The group has 61 hotels, with an average charge of £78 per night, and scored 33% in the survey.

Top scorers in the large chains section were Premier Inn (1350 hotels) with 79% while Ibis Budget (53) came second with 71% and McDonald Hotels (132), Radisson Blu (140) and Crowne Plaza (109) coming joint third at 70% The rest of the scores were:- Continue reading

EXPOSING SLAVERY

In conjunction with the government’s anti-slavery units the London Evening Standard has issued readers with key signs for the public to look for which could indicate enslavement. In particular the Met police’s Modern Slavery and Kidnap Unit and the government’s Gangmasters and Labour Abuse Authority are currently investigating hand car washes in London where slavery is considered especially likely.

  • Is someone always watching the staff?
  • Do staff have injuries that indicate assault?
  • Do staff seem frightened and/or unwilling to make eye contact?
  • Do staff always wear the same old clothes?
  • Are staff wearing gloves to protect their hands from chemicals?
  • Do staff look starving or neglected? Are the car washes offered for £5 or less?

At four hand car washes in East London staff told officials of sleeping four to a room and working 12-hour days for £3 an hour. Other premises likely to house slaves are nail bars. Continue reading