
25 February, 2021
£30 payout for phone owners?
The 1-minute read to get the money news you need.
Phone owners due compensation?
Around 29 million Apple and Samsung smartphone owners might be entitled to £30 in compensation, if consumer group Which? wins a court case. It’s suing chipmaker Qualcomm, saying it overcharged phone manufacturers which in turn inflated the handset prices. The payout to customers could total £480 million.
Teachers to give grades
This year’s GCSE and A Level grades will be decided by teachers, taking into account mock exams, coursework, and essays. Exams have been cancelled for a second year in a row, and last summer thousands of students had their results downgraded by an algorithm before being allowed to use their teacher-assigned grades after all. The education regulator Ofqual has confirmed teachers will all use the same system to make it fair.
Primark predicts £1.5bn hit
Primark expects to lose £1.5 billion in sales during its current financial year - that’s a 40% fall from last year. The fashion chain doesn’t do any business online, so it’s been hit hard in lockdown. Non-essential retail is currently closed, with no chance of reopening before 12th April. However, it says it expects to be very busy once it does, with a big surge in sales from pent-up demand.