Tuesday, February 19The Voice of London

Shopping

High street stores swing into the red on PPI claims

High street stores swing into the red on PPI claims

Business, Finance, Lifestyle, Shopping
Companies like Debenhams, Barclays, and Dorothy Perkins have paid more than £30 billion since January of 2011 to customers complaining about policies. In fact, Lloyds Banking Group has put another £460 million aside in cost of mis-selling claims. Deadline to make PPI complaint is August 29, 2019. How did PPI become contentious? Payment Protection Insurance was designed to help people cover repayments during unforeseen circumstances, for example having an accident or being unwell. It was added to things like credit cards, loans, store cards and other kinds of credit. It turned out to be controversial as it was highly mis-sold. For instance, people did not realise it was an optional policy, and some of them didn’t even know they had one. For others, it was straight up not
Black Friday, Cyber Monday, and the disappearing high street

Black Friday, Cyber Monday, and the disappearing high street

Black Friday, Featured, Lifestyle, Shopping, UK
Black Friday and Cyber Monday are expected to generate a £7 billion total revenue from the UK. Experts have differing opinions on how this will affect the future of retail shops. Though Black Friday and Cyber Monday are unofficial holiday events that originate in the United States, both have since become a huge hit in the UK. Price comparison website Finder.com predicts that British people will be spending more than £7 billion on the events this year. Finder.com’s study reported that people in the UK were planning to spend less money (£220 per person, compared to last year’s £304 per person) than the previous year’s Black Friday and Cyber Monday, but altogether more people (26% increase in number of participating adults) were partaking in the shopping marathons. In short, though
High street? More like ghost-street

High street? More like ghost-street

Fashion, Lifestyle, Shopping
Around 14 high street shops are being closed down daily. UK’s high street shops are facing their toughest times in five years. A study conducted by PwC, a professional services network, has revealed that in the first six months of this year, the number of shoppers at the high streets has been consistently dropping. According to the report, almost 1,123 stores have disappeared from UK’s high street scene. Electronic goods stores, restaurants and fashion shops were most affected by the change in the consumers’ behaviour. High profile restaurants such as Prezzo and Jamie’s Italian have been forced to close a large number of outlets. Retailers such as Maplin, Debenhams and House of Fraser are constantly shutting down stores and are facing an insecure future too. Great
The Verdict on Dyson’s New Airwrap Hair Tool

The Verdict on Dyson’s New Airwrap Hair Tool

Beauty, Lifestyle, Shopping
“What should I do with my hair today?” - this is a question that many of us ask every single morning. The Dyson Airwrap is supposed to solve this problem. It is quick and easy to use, while still giving you that fresh-out-of-the-salon feel. Here we gather all we know about the new hair tool and answering the question - is it worth £400? If you jump in the shower and wash your hair, you barely have time to blow dry it, not to mention style it. If you skip the shower and just curl/straighten your hair, you end up feeling greasy for the rest of the day. Then enters Dyson’s Airwrap - the Sherlock Holmes to all your hair problems. THE HYPE Two years ago, Dyson launched its Supersonic Hair Dryer and it turned heads in the beauty world. It made drying hair faster without drilling out
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