{"componentChunkName":"component---src-templates-post-js","path":"/30-payout-for-phone-owners/","result":{"data":{"ghostPost":{"id":"Ghost__Post__60377383fd8677003952851c","title":"£30 payout for phone owners?","slug":"30-payout-for-phone-owners","featured":false,"feature_image":"https://multiply.ghost.io/content/images/2021/02/minute-391.png","excerpt":"Plus: teachers get power to decide grades, and Primark predicts £1.5 billion hit.","custom_excerpt":"Plus: teachers get power to decide grades, and Primark predicts £1.5 billion hit.","created_at_pretty":"25 February, 2021","published_at_pretty":"25 February, 2021","updated_at_pretty":"25 February, 2021","created_at":"2021-02-25T09:53:07.000+00:00","published_at":"2021-02-25T09:57:53.000+00:00","updated_at":"2021-02-25T09:57:53.000+00:00","meta_title":null,"meta_description":null,"og_description":null,"og_image":null,"og_title":null,"twitter_description":null,"twitter_image":null,"twitter_title":null,"authors":[{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null}],"primary_author":{"name":"Annie Mellor","slug":"annie","bio":null,"profile_image":null,"twitter":null,"facebook":null,"website":null},"primary_tag":null,"tags":[{"name":"#blog","slug":"hash-blog","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"#feed","slug":"hash-feed","description":null,"feature_image":null,"meta_description":null,"meta_title":null,"visibility":"internal"},{"name":"multiply-minute","slug":"multiply-minute","description":"The 1-minute read to get the money news you need with expert adviser commentary","feature_image":null,"meta_description":null,"meta_title":null,"visibility":"public"}],"plaintext":"The 1-minute read to get the money news you need.\n\nPhone owners due compensation?\nAround 29 million Apple and Samsung smartphone owners might be entitled to £30\nin compensation [https://www.bbc.co.uk/news/technology-56182272], if consumer\ngroup Which? wins a court case. It’s suing chipmaker Qualcomm, saying it\novercharged phone manufacturers which in turn inflated the handset prices. The\npayout to customers could total £480 million.\n\nTeachers to give grades\nThis year’s GCSE and A Level grades will be decided by teachers\n[https://www.bbc.co.uk/news/education-56157413], taking into account mock exams,\ncoursework, and essays. Exams have been cancelled for a second year in a row,\nand last summer thousands of students had their results downgraded by an\nalgorithm before being allowed to use their teacher-assigned grades after all.\nThe education regulator Ofqual has confirmed teachers will all use the same\nsystem to make it fair.\n\nPrimark predicts £1.5bn hit\nPrimark expects to lose £1.5 billion\n[https://news.sky.com/story/covid-19-primark-predicts-1-1bn-sales-hit-from-lockdown-store-closures-12228317] \nin sales during its current financial year - that’s a 40% fall from last year.\nThe fashion chain doesn’t do any business online, so it’s been hit hard in\nlockdown. Non-essential retail is currently closed, with no chance of reopening\nbefore 12th April. However, it says it expects to be very busy once it does,\nwith a big surge in sales from pent-up demand.","html":"

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.

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