My umbrella got taken over by another umbrella. Without any warning/notification the new umbrella has almost doubled my weekly transaction fee. Is this legal?
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Umbrella weekly fee/transaction fee
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Originally posted by JamesC34 View PostMy umbrella got taken over by another umbrella. Without any warning/notification the new umbrella has almost doubled my weekly transaction fee. Is this legal?
You need to object to the increased rates. Tacit agreement will come into place unless you do so.
Name and shame would be good, too.I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code). -
Originally posted by Scruff View PostRead the terms of your original contract with the OldBrolly. If there is no mention of takeover, sale of business or similar terms, then I'd suggest terminating your contract with the NewBrolly and contacting Lucy who is active on this forum.
You need to object to the increased rates. Tacit agreement will come into place unless you do so.
Name and shame would be good, too.Comment
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Originally posted by JamesC34 View Post'Crestplus' who have taken over 'Mango'. I will update on how they respond to my queries.---
Former member of IPSE.
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Many a mickle makes a muckle.
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Time leave. If you can pick any brolly I'd also suggest going to Clarity Umbrella.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by JamesC34 View PostMy umbrella got taken over by another umbrella. Without any warning/notification the new umbrella has almost doubled my weekly transaction fee. Is this legal?
Just goes to show there are a lot of brollies now competing for business and dropping their margin to rock bottom (pushed by the bigger market players) but it is simply not sustainable, and we could see some disappearing unless they can get their numbers up dramatically!Comment
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Originally posted by lucyclarityumbrella View Post...Just goes to show there are a lot of brollies now competing for business and dropping their margin to rock bottom (pushed by the bigger market players) but it is simply not sustainable, and we could see some disappearing unless they can get their numbers up dramatically!
Market consolidation in troubled times.---
Former member of IPSE.
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Many a mickle makes a muckle.
---Comment
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