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NEWS: Rogue Traders Will 'Fleece the Streets' as Trading Standards Are Cut

Posted by admin on Jun 20, 2011 9:28:57 AM
Cowboy builders and rogue traders will be free to "fleece the streets" as cuts to trading standards leave consumers vulnerable to scams.

With grim economic prospects forcing more people to take a chance on dodgy deals, inspectors face a "cataclysmic" cut in funding from £247m to £140m within four years, the chief executive of the Trading Standards Institute (TSI) cautioned yesterday.

Ron Gainsford said that Britain's reputation is at stake, with the London Olympics vulnerable to ticket and merchandise scams. There is also significant growth in intellectual property theft, counterfeiting and piracy.

Read more at The Independent.

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Topics: Counterfeiting, Consumer Goods