money
Man Wins 16-Year Battle to Prove a Point Over Laptop Credit Agreement

A long-running battle between Richard Durkin and PC World has finally been resolved, with the electronics chain agreeing to pay £8,000 in compensation over a credit agreement that turned bad. Shame it cost Durkin around £250,000 in legal fees, though. Read More >>

money
Man Pays £450 for a Loaf of Bread -- And Doesn't Notice

Shopper John Brown popped into his local ASDA to buy bread, eggs and jam, three of the four cornerstones of a healthy diet (the fourth cornerstone is sausages, which we assume he already had at home). Three days later his bank refused to let him withdraw cash, and only then did he realise he'd been charged £450 for a loaf in an ASDA misprice/checkout catastrophe. He's getting a refund. [Metro] Read More >>

factmodo
18 Things You Didn't Know About UK Coins

The Royal Mint has jumped on the retro design bandwagon and designed a new £1 coin which apparently resembles a threepenny bit. If you grew up post-decimalisation and had to google this mysterious coin, then maybe you need to brush up on the numismatic history, starting here with 18 facts which will have you hunting down the back of your sofa in no time. Read More >>

BBC
BBC Licence Fee Model in Trouble as Labour Backs Decriminalising Non-Payment

Sources inside the governmental world suggest that Labour MPs are in agreement with a proposal by the coalition to decriminalise non-payment of the Licence Fee, a move that some think may signal the end of the BBC due to making it less of a crime to not bother paying the UK's annual telly tax. Read More >>

money
£100 Light Bulb Swaps Enrage London Cops

Maintenance company Interserve is raking it in changing light bulbs for the Met police, with Scotland Yard shamefully admitting it pays up to £100 a time to have someone come out to an "urgent" light bulb problem. Even non-urgent bulb swaps cost the taxpayer £26 a time, a situation said to infuriate cops who work a little harder to earn their money. [Standard] Read More >>

money
Wave Goodbye to 99p Downloads as UK Digital Sales Tax Loophole is Closed

Picking up a new eBook or MP3 may be about to get a fair whack more expensive, as Chancellor George Osbourne has moved in his latest budget to close a tax loophole that was allowing digital retailers to pay low foreign VAT rates on eBook, MP3 and app sales. Read More >>

money
What Bitcoin Would Have Been Like if it Existed in the '90s

Bitcoin! It's wild! It's crazy! It's all the rage! But what if instead of bubbling up to the surface and making waves here in the twenty-teens it had gotten popular way back in the '90s? Well, it would have looked a little something like this. Read More >>

money
Bitcoin Software Fixed to Avoid Another Mt. Gox

In a bid to avoid another Mt. Gox, the software which drives bitcoin transactions on the internet has been updated to fix the weakness which contributed to digital vault's downfall. Read More >>

money
Mt. Gox Found Over £70 Million of Bitcoin in a Random Wallet

Bitcoin is big money. When Mt. Gox went down, hundreds of millions in bitcoin disappeared. Now, the trouble exchange just happens to have stumbled into 200,000 'coin it thought was lost, or roughly $116 million (£70 million). Read More >>

money
Budget Day 2014: The Tech, Science (and Booze) Changes You Need to Hear

The budget briefcase has been opened, and Chancellor of the Exchequer George Osborne has spoken. Your taxes have been allocated. But who were the big winners (and losers) in the three industries that are dearest to Gizmodo's heart: tech, science, and of course, booze? Read More >>

money
What is the New £1 Coin's iSIS Security System?

There's a new £1 coin headed to your pockets by 2017, and though its twelve-sided, threepence-piece shape evokes a time when a washboard was considered a legitimate musical instrument, it's actually the most high-tech coin of all time. So what's so special about this iSIS security stuff? Read More >>

money
More Secure 12-Sided £1 Coin Shown Off to Distract Us From Budget Day

Ahead of today's budget, Chancellor George Osborne dipped into his pocket and displayed a new 12-sided £1 coin, the coin's first redesign in 30 years. The reasoning behind this costly move? It's less-easy prey for counterfeiters, supposedly. Read More >>

money
Lie Detector Test for Benefits Cheats Costing Millions (Even Though it Doesn't Work)

Local councils are spending millions of pounds on "voice risk analysis" (VRA) software in the hope of finding benefits cheats, despite the Department for Work and Pensions having already dropped the systems, and researchers calling the controversial lie detectors "closer to astrology than science". Read More >>

energy
Government Sends Final Demand to Energy Companies for Compulsory QR Codes on Bills

Despite David Cameron's promise of a world in which the "Internet of Things" has our microwaves asking us what ready meal we'd like partially heated up for dinner tonight, the government's energy secretary Ed Davey foresees a tamer and more realistic tech future in which the old QR code is used to help customers save money on energy bills. Read More >>

money
"No Change" Parking Meters Rake in Bonus £300k in a Year

Cornwall Council has been having a whale of a time ripping off tourists and locals, with its "no change" parking meters taking over £300,000 in excess parking fees thanks to a decision to stop handing out change. The cost of maintaining the float and an increased risk of vandalism in cash-carrying machines are the excuses for the windfall. [BBC] Read More >>

money
Hackers Claim Mt. Gox Still Has Investors' Bitcoins

The Bitcoin exchange Mt. Gox filed for bankruptcy protection last week admitting to an outstanding debt of around $63.6 million (£38 million). Now, a team of hackers claims that the company still has investors' bitcoins. Read More >>

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