May 18, 2022

Cut out the nonsense and pay up for Peverel cheating! Cabinet minister tells Janet Entwistle

‘… On this issue you seem unwilling to listen, learn or improve’ Energy Secretary Ed Davey has today told Peverel chief executive Janet Entwistle to pay a “much larger compensatory offer” for running a price-fixing cartel. In December Peverel subsidiary Cirrus was found to have been running bid-rigging tendering for contracts worth £1.4 million at […]

The Independent covers Cirrus and other leasehold scandals

Last Saturday, The Independent wrote a wide-ranging report on leasehold issues including the Cirrus scandal and the need for reforms. Headed ‘The secret of how to give your flat a new lease of life … ‘  it was, in fact, a round-up of: the Cirrus scandal, the OFT investigation into leasehold (the scope of which concludes on […]

Janet Entwistle to Bottomley: no move on £100,000 ‘goodwill’ payment over Cirrus, but she welcomes meeting with MPs and Campaign against retirement leasehold exploitation

Janet Entwistle, the Peverel chief executive, won’t increase the compensation – Peverel terms it ‘goodwill’ – offered to sites that were likely to have been cheated in the Cirrus price-fixing scandal. Her decision is made in reply to Sir Peter Bottomley – supported by LibDem Cabinet minister Ed Davey and Labour MP Jim Fitzpatrick – […]

National Business Awards will not remove an award to Cirrus Communications in 2009 – even though 15% was for ethics!

A National Business Award given to Cirrus Communications Systems in 2009 – just before its owner Peverel confessed to the Office of Fair Trading that it was running a price-fixing cartel – will not be removed. The decision has been taken by UBM, the business magazine publisher that runs the awards. “Cirrus Communication Systems was […]

Three MPs tell Entwistle to pay up more over Peverel / Cirrus scandal, or accept binding mediation

Janet Entwistle, the chief executive of Peverel, was this afternoon sent a open letter from Sir Peter Bottomley demanding higher compensation to sites cheated in the Cirrus cartel, or to accept independent binding mediation. The letter is backed by Ed Davey, Energy Secretary and LibDem MP for Surbiton and Kingston, and Jim Fitzpatrick, MP for […]

Guardian examines the Peverel / Cirrus price-fixing scandal tomorrow

The Guardian is publishing a major report into the Peverel / Cirrus price-fixing scandal in tomorrow’s newspaper. It is written by Patrick Collinson, the personal finance editor, and will appear on the front cover of the stand-alone Money section. It is understood that the report gives the background to the sham tendering that Peverel engaged […]

Peverel should pay back £700,000 over price-fixing not £100,000, says Campaign against retirement leasehold exploitation whistleblower

FULL LIST OF PEVEREL / CIRRUS SCAM SITE One of the Campaign against retirement leasehold exploitation whistleblowers who reported the Peverel / Cirrus price-fixing scam says Peverel should be paying at least £700,000 to the sites affected. Peverel’s offer to make a “goodwill payment” of 10 per cent of the cost of sham tenders to […]

Anyone at these sites involved in the Peverel / Cirrus price-fixing scam, please contact Campaign against retirement leasehold exploitation

Here is the list of all the sites involved in the OFT investigation into Peverel’s price-fixing cartel. Can any residents at these sites please contact me as soon as possible. Thanks, Sebastian sok@leaseholdknowledge.com 07808 328 230   Abbey Court, Priestpopple, Hexham, Northumberland, NE46 1RN Fire system April – June 2009 CCSL and Owens

Peverel cheated pensioners in £1.4 million tenders at 65 sites, says OFT

… now ALL sites should exercise right to manage and be rid of them … ‘the system is rotten’ to have allowed Peverel / Cirrus to get off, says Bottomley   UPDATE: Guardian reports OFT / Peverel / Cirrus scandal UPDATE: BBC reports Peverel / Cirrus price-fixing scandal The Peverel / Cirrus price-fixing scandal was […]

OFT will report on the Peverel / Cirrus price-fixing scandal on Friday

The long awaited Office of Fair Trading investigation into the Peverel / Cirrus price-fixing scandal concludes on Friday at 11am. Click above or here for OFT website. But there will be a delay in publishing the Infringement Decision – if there is one. “If the final outcome in this investigation is an Infringement Decision, we […]

Peverel / Cirrus price-fixing report expected next month, OFT tells Campaign against retirement leasehold exploitation reader

Michael Hollands, a Campaign against retirement leasehold exploitation reader who comments frequently on the site, has been informed by the Office of Fair Trading that its long-awaited infringement decision over the Peverel / Cirrus price-fixing scandal will be published in December. “We are very nearly ready to make an announcement and anticipate the additional delay […]

Private Eye covers the Peverel price-fixing scandal

Today’s issue of the satirical magazine Private Eye carries a report on the Peverel / Cirrus price fixing scandal, which is the subject of an Office of Fair Trading investigation. Peverel is co-operating with the inquiry and has been granted “leniency” from court action as a result. The OFT says Peverel turned itself in in […]