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...The UL network traces its roots to a late 19th century effort to help insurance companies save money by testing electrical products for fire risk....
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...My first port of call was the Institute of Customer Service, an independent professional body that campaigns to raise standards....
...Negative publicity fuelled the fire for redress. It is hard to grasp the size of this problem yet. The PPI scandal, initially played down, blew up into a £50bn-plus problem for banks....
...Any new standards would then need to be approved by the organisation’s safety committee....
...For decades, companies (and their customers) have reaped the economic benefits of outsourcing manufacturing to countries with weaker labour and environmental standards....
...insurance contributions....
...The move has drawn fire from critics who say it risks making the insurance sector less stable....
...Kathleen Donnelly KC acted for 555 sub-postmasters in a 2019 High Court case, known as Bates v Post Office, that led to revelations the company had pursued thousands of people between 2000 and 2014 with...
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...Companies have yet to seriously start digging underwater, although some countries have an eye on the tax revenues the industry could provide....
...At the moment, some $5.6tn of cash sits in these funds, according to the Investment Company Institute, up from $2.6tn a decade ago....
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...“I’ve had a few companies sell [for] 90 cents on the dollar to make sure they make payroll. All of these companies have the SVB effect,” said one venture capital investor....
...standards for every family in the country....
...It was welcomed by over 200 business leaders with the CBI saying it was a game-changer and the single most transformational thing we could do to fire up the British economy....
...The Pemex bondholder added that two-year Pemex credit default swaps — insurance-like derivative products that pay out if a company reneges on its borrowers — were more expensive than one-year equivalents...
...The thing that’s really going to fire up the stock market in the UK is unlocking these vast pools of pension money....
...While it is built to last as long as a standard home, its materials can be recycled or returned to the earth at the end of its lifespan....
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...“It was beautifully designed by one of the top London developers, but he pulled a tuft of the carpet out and lit it on fire. He said ‘This is a really good quality carpet.’”...
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