Mark Fairlie

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About Mark Fairlie

Journalist, Mark Farlie, provides cutting edge articles with a focus on plain English & zero jargon. With a breadth of interests, Mark writes on topics such as; personal finance, commercial finance, B2B, marketing, law and technology.

Nearly a third of Brits hope a rainy day never comes

By | 2019-01-15T10:41:31+00:00 January 15th, 2019|Personal Finance|

By Mark Fairlie. Online tradespeople quote finding service MyJobQuote.co.uk has released the results of a survey of 2,561 homeowners which has revealed that nearly one-third of Brits have no money saved up for a rainy day. The primary reasons given for the lack of household savings was “not having enough money” and a belief that [...]

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Ban on cold-calling pension schemes

By | 2019-01-10T10:44:20+00:00 January 10th, 2019|Business, Personal Finance|

By Mark Fairlie. From 9th January 2019, it will be illegal to make unsolicited calls or texts to people on any aspect of their current pension provision. Companies which do not obey the new law will be liable for fines of up to £500,000 as the Government seeks to deter scams, which, according to the [...]

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UK unsecured debt approaches unprecedented levels

By | 2019-01-08T10:10:25+00:00 January 8th, 2019|Personal Finance|

By Mark Fairlie. The level of combined credit card debt across all accounts in the UK rose by £400m taking the total to £72.5bn, according to the Bank of England. The Bank stated that, after adjusting for inflation, the amount owed by British consumers is slightly below the amount owed in the first quarter of [...]

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Major Shake-up of Professional Services Firm Sector

By | 2018-12-27T10:53:10+00:00 December 27th, 2018|Business|

By Mark Fairlie. The Competition and Markets Authority (CMA) is pressing for a major shake-up of the professional services firm sector. Currently dominated by four firms - Deloitte, EY, KPMG and PwC – they perform 97% of the UK’s company audits in addition to the provision of other services, according to BBC News. Companies must [...]

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Rogue directors dialling up £500,000 fines

By | 2018-12-18T10:37:38+00:00 December 18th, 2018|Business, Personal Finance|

By Mark Fairlie. Directors of certain types of limited companies which cold-call consumers are now personally liable for fines of up to £500,000 after a change in law came into effect, according to the Information Commissioner’s Office (ICO). Companies affected are in the personal injury and payment protection insurance claims sectors covering attempted contacts, where [...]

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It’s Been a Tumultuous year for TSB

By | 2018-12-14T09:29:17+00:00 December 13th, 2018|Banking, Business|

By Mark Fairlie. Around 2 million TSB customers were unable to log in to the bank’s website on Wednesday morning until after 10 am that day following IT maintenance work which overran. Although customers were able to log into the mobile phone app, TSB apologised stating that “we’re really sorry the planned maintenance overnight for [...]

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Retail Footfall Fell 3.2% Year on Year in November Since Recession

By | 2018-12-14T09:29:17+00:00 December 11th, 2018|Economy|

By Mark Fairlie. More evidence that the High Street is struggling was released today in a joint survey carried out by the Retail Consortium and analysis firm Springboard. The survey discovered that footfall in shopping centres, retail parks, and High Streets fell by 3.2% year on year in November to its lowest level since the [...]

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Huawei’s finance director facing extradition to the US

By | 2018-12-14T09:29:17+00:00 December 6th, 2018|Business, Politics, Technology|

By Mark Fairlie. The daughter of the founder of one of the world’s biggest firms, Huawei, has been arrested on suspicion of involvement in providing US-origin goods to countries sanctioned by America. China has protested to Canada, the country in which she was arrested, that she should be released immediately.  The United States is requesting [...]

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Fears of digital divide in online shopping

By | 2018-12-14T09:29:18+00:00 December 4th, 2018|Banking, Business, Personal Finance|

By Mark Fairlie. A new EU regulation called “Payment Services Directive 2” (PSD2) may lead to consumers living in areas with poor mobile reception facing increased difficulties making online purchases, according to James Daley, the managing director of research and ratings agency, Fairer Finance. Under the new system, an extra layer of security will soon [...]

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“Astronomical” directory enquiry charges to be capped

By | 2018-12-14T09:29:18+00:00 November 29th, 2018|Business, Personal Finance|

By Mark Fairlie. From April 2019, 90-second calls to directory enquiry service providers will be capped at £3.65. According to telecoms regulator OFCOM, the move has been prompted by the fact that 65% of service users do not know how much calls cost and two-fifths said that calls cost more than they expected. The £3.65 [...]

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