A blog by Martin Williams, external affairs spokesman of Graydon UK, focusing on business risks - from fraud to late payment. Martin has has spent the last 35 years in the credit information industry, and has been with Graydon UK, one of the top five commercial credit agencies in the UK, for the last 20. Apart from his PR duties, he teaches credit analysis to risk professionals and helps educate SMEs on the importance of maintaining a good credit rating. Martin is a Fellow of the Institute of Credit Management and is a sitting member of the Institute's Think Tank. He was also honoured by Credit Today, after being included on their Credit 100 list of people who have had the greatest impact in the credit industry during 2008, 2009 and 2010.
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28 Apr 2008
The OFT doesn't seem to be able to leave the Supermarket giants alone lately! This week, we should see the publication of the final recommendations from the Competition Commission in to the Grocery Trade ( read supermarket chains), after the OFT referred the matter to the CC in 2006. Will an Ombudsman for the trade be recommended or not? That's one of the big questions that will soon be answered. Then last week, almost in preparation for this one, we learn that the OFT has launched an investigation into cigarette and toiletries price fixing amongst the large supermarket chains and the cigarette manufacturers. At this rate,Tesco and the like will soon be developing a serious bunker mentality. Why is it ,they ask, we do everything we can to help consumers yet get all this criticism? Any suggested answers from anyone?
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