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Results for Gareth Shaw tag

December 2021

Which? comments on Link cashback scheme being rolled out to over 2,000 shops

1 December 2021

Gareth Shaw, Which? Head of Money, said: “Everyone should have reasonable access to their own money without having to pay, so it’s good to see a cashback scheme rolled out to communities who rely on cash the most. “Schemes like cashback without purchase have a role to play, but they won’t be enough on their […]

Statement: cash, Gareth Shaw, LINK

November 2021

Which? responds as TSB announces closure of 70 bank branches

30 November 2021

Gareth Shaw, Which? Head of Money, said:  “These closures mean that over 300 TSB branches across the country will have closed their doors in three years, which seems to fly in the face of work being done across the industry to protect access to cash.  “Many consumers rely on bank branches for vital services, including […]

Statement: bank branch, cash, Gareth Shaw

Cold callers swindling vulnerable people out of thousands with direct debit con, Which? reveals

30 November 2021

Cold calling firms mis-selling appliance cover are conning vulnerable people into signing up to extortionate direct debits – charging some victims thousands of pounds to insure appliances they do not even own. Direct debit is a trusted way to pay for bills, subscriptions and ongoing services, but Which? found that unscrupulous companies are using it […]

Press Release: cold calling, direct debit, Gareth Shaw, Money

Which? responds to 30% jump in authorised fraud complaints recorded by FOS

24 November 2021

Gareth Shaw, Which? Head of Money said: “A staggering amount of money has been lost to bank transfer scams during the pandemic, and it’s particularly concerning to still see so many cases where banks aren’t treating fraud victims fairly and handling the complaint as they should. “While the Treasury’s commitment to make reimbursement mandatory was […]

Statement: bank transfer scams, Gareth Shaw, Money

Which? responds to Amazon’s decision to stop accepting UK Visa credit cards from January

17 November 2021

Gareth Shaw, Which? Head of Money said: “This announcement may come as a shock to some Amazon customers, but there have been long-standing concerns about soaring credit card fees that affect both consumers and businesses. “Consumers used to paying with a Visa credit card should be aware that switching to a debit card would mean […]

Statement: credit card, Gareth Shaw, Money, Online shopping

Three in 10 do not have enough savings to cover three months’ essential spending amid cost of living crunch, Which? reveals

6 November 2021

Three in 10 people with savings accounts do not have enough savings to cover three months’ essential spending in case of an emergency, according to Which?’s annual survey revealing the best savings account providers.  The coronavirus crisis has seen saving rates plummet to record lows, while pressures on the cost of living are making it […]

Press Release: Gareth Shaw, interest rates, savings

October 2021

Which? responds to Credit Karma figures that show Buy Now, Pay Later debt bubble surpasses £4bn

27 October 2021

Gareth Shaw, Which? Head of Money, said: “Our research shows that shoppers are being bombarded with Buy Now, Pay Later (BNPL) schemes at the biggest retailers, often with no information or warnings about the risks of late fees or getting into debt, so it’s very concerning to see such a huge amount of debt related […]

Statement: BNPL, debt, Gareth Shaw

Which? responds to PSR plans for Confirmation of Payee to be made available to more customers

21 October 2021

Gareth Shaw, Which? Head of Money, said: “While many banks now have Confirmation of Payee measures in place, the regulator needs to make it mandatory for all payment providers as soon as possible so all consumers can benefit from the same level of security. “Which? has warned the regulator that relying on some providers to […]

Statement: fraud, Gareth Shaw, PSR

Which? response to government launching buy now, pay later consultation

21 October 2021

Gareth Shaw, Which? Head of Money, said: “Buy now, pay later (BNPL) services offer ease and convenience for many, providing an important alternative to other, more costly types of credit.  “However, Which? research has found that people often turn to BNPL at stressful and challenging times in their life only to be confronted by a […]

Statement: Gareth Shaw, Money

Safe as houses: Which? reveals the best and worst mortgage lenders

16 October 2021

First Direct and Nationwide have come out on top in Which?’s annual mortgage lender survey, with both named Which? Recommended Providers (WRPs) for offering a combination of excellent customer service and consistently competitive rates.  With speculation that interest rate rises could be on the way, it is more important than ever that prospective homeowners and […]

Press Release: Gareth Shaw, Money, Mortgage

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