Tesco has unveiled a new Clubcard subscription service that will give shoppers the chance to redeem extra rewards across food, clothing and technology. The grocer announced the service on Wednesday, while revealing a shake up of its UK stores - including 150 new openings. New and existing Tesco Clubcard customers will be able to subscribe to the new Clubcard Plus for £7.99 - unlocking benefits such as 10% off two big shops in-store and 10% off selected Tesco brands in-store. Brands will include F&F, Fred & Flo, Go Cook, Tesco Pet, Carousel and Fox & Ivy. Customers will also get double data from Tesco Mobile - while Tesco Bank credit card users will benefit from no foreign exchange fees abroad. To access the card, you'll have to download the app on your smartphone - however, Tesco has said it won't be live until later this year. Alessandra Bellini, at Tesco, said: "New Clubcard Plus is a breakthrough innovation giving customers even more ways to get the best value … [Read more...] about Tesco charging £7.99 a month for new Clubcard service – here’s how it works
Dominion energy customer service
Metro Bank was forced over the weekend to reassure customers about its financial health after what it described as fake rumours on social media. Shares in the bank have lost three-quarters of their value since it revealed a major accounting error in January. Why is Metro Bank in the headlines? The bank, which has 1.7 million customers and 67 branches in London and the south-east, is dealing with the fallout from the accounting blunder, which is being investigated by two financial regulators. It then announced a £350m capital raising to fund growth, having tapped investors for an extra £300m last summer. This was followed by a poor first quarter of 2019 when profits halved to £4.3m, as the bank revealed that a small number of large business customers had left. The Prudential Regulation Authority spotted the accounting error, which meant a large chunk of commercial property loans and loans to commercial buy-to-let operators had been wrongly classified as lower risk. Banks … [Read more...] about Metro Bank: why are customers worried and are they covered?
The UK will face "unavoidable" barriers to trade if it leaves the customs union and single market, the EU's chief negotiator Michel Barnier has said.Speaking in Downing Street, he said the "time had come" for the UK to choose what it wanted after its 2019 exit.Brexit Secretary David Davis said the UK's position was "perfectly clear".The UK, he argued, wanted a free trade deal with the EU but also the freedom to strike deals with other countries, where trade opportunities were growing. "There's no doubt about it. We are leaving the customs union but we are aiming for a good future for Britain," Mr Davis said.He also said he was confident the two sides would reach an agreement on a "transitional" or "implementation" phase - to last between 18 months and two years after the UK leaves next year - in time for an EU summit at the end of March.After lunch with Mr Davis and a 20-minute meeting with Theresa May, Mr Barnier said there was "some divergence" between the two sides when it came to … [Read more...] about Trade barriers ‘unavoidable’ outside customs union, says EU’s Barnier
Genetics will be a cheap and critical part of daily life, 23andme co-founder Anne Wojcicki has told the SXSW festival, claiming that genetics should be used for preventative medicine to bring down the cost of healthcare. Sketching out the scale of an industry worth more than $3 trillion, Wojcicki said that working on Wall Street, she had seen how the industry has a profit incentive for illness, making money from everything from flu to diabetes and obesity. “Obesity is awesome from a Wall Street perspective,” she said. “It’s not just one disease - there are all sorts of related diseases to profit from.” Wojcicki described how the industry makes money on everything from sleep apnoea and diabetes drugs to specialist bathing systems and wound care. Growth is good for business - even if that growth is increased rates of obesity and related diabetes that is predicted to rise to 10% of the world’s population. Part of the economic incentive is that … [Read more...] about 23andMe admits FDA order ‘significantly slowed up’ new customers
TSB has suffered another banking meltdown overnight with salaries failing to make it into thousands of accounts on pay day in a week where it was already humiliated for an IT failure that hit 2million customers. The high street lender has been forced to offer people emergency cash after payments into customer accounts failed to materialise. TSB said a 'small number' of customers - believed to be in the thousands - failed to receive salaries and cheques and they have been told that the cash should show up in accounts by this afternoon. Customers needing emergency cash can contact the bank, by going into branches or over the phone. This week bosses were lambasted and accused of lacking basic common sense in a damning report on an IT meltdown that left two million customers locked out of their accounts last year. TSB has suffered another banking meltdown overnight with salaries failing to make it into thousands of accounts on pay day A TSB spokesman said: 'Some … [Read more...] about Thousands of TSB users are left without wages in latest IT bungle just three days after bank was slammed over systems meltdown that hit 2million customers