Financial Services Compensation Scheme (FSCS) Pre-Paid Card Warning

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No Compensation for Pre-Paid Cards Warns Financial Services Compensation Scheme [26th Sep 2011]

The Financial Services Compensation Scheme (FSCS) is warning consumers this week that e-payment cards and prepayment credit cards are not covered by their compensation scheme. This could mean that if the company behind the card was to go out of business, all of the money on the card could be lost. The FSCS will not offer any compensation to the card-holder because they do not cover this type of card. This type of card has recently been offered by Ryanair as the one payment method which will not incur an administration charge. Mark Neale from the FSCS has commented that anyone who is getting one of these cards should question the provider about what protection is in place for their money.

It has been announced this week that a High Court lawsuit launched by prisoners who objected with have to "slop out" their cells has been won and the inmates involved are likely to receive a compensation payment. Three prisoners took the case to court and were allowed to sue for compensation under the EU Human Rights legislation. The fact that the three won their case could mean that other prisoners could also sue. These cases could go back for more than a decade and damages could be paid to 1700 inmates. It is thought the total bill could be as much as £3.5 million, with more than £2,000 being paid to each inmate. Some jails in the UK had a bucket in use as a toilet in some situations after 1996, when the system was abolished. Recent legislation which put a time limit of one year on these cases has effectively been overturned by this ruling.

A protester who was held in police cells for six hours on the day of the recent royal wedding has received a payment of £5,000 in compensation and has gotten an official apology from police. Adam Moniz was arrested for the duration of the wedding as he tried to attend an approved demonstration which was held one mile from Buckingham Palace. Other citizens were arrested without committing a crime on that day in a crackdown on potential troublemakers. Moniz had originally been stopped while on board a train from Southampton. He had been carrying a banner which read "democracy not monarchy". He had told the British Transport Police that he was willing to return home however they allowed him to continue his journey. When he arrived at his destination he was arrested on suspicion of anticipated breach of the peace. Moniz claimed that he was denied freedom of speech and freedom of movement and that the actions of the police clearly highlighted the message of his banner.

British victims of the fire which ripped through a Thai nightclub in 2007 are to receive compensation for their injuries. The fire killed 67 people and injured over 100. This week the nightclub owner and the person who arranged the special effects have been sentenced to three years in prison and the owner's company has been ordered to pay compensation of around £184,000. The money will be split between the victims and their families. Oliver Smart who was burned in the fire, but survived, has said that the amount of compensation is disappointing even taking into account the different standard of living in Thailand. He points out that many people lost loved ones who provided their family income and some survivors will need ongoing medical treatment. The building was found to have no proper fire exits and was in an area where nightclubs were not allowed.

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