--- title: "沃达丰的老板因 1.2 亿英镑的特许经营纠纷而面临新一轮的反对声浪" description: "沃达丰的年度股东大会遭遇干扰,前加盟商指责该公司将他们推向财务破产,涉及一场价值 1.2 亿英镑的法律争议。原告声称,任意的合同变更和不公平的做法导致了门店关闭和严重的心理健康问题。沃达丰否认这些指控,声称大多数加盟商是盈利的。此案引起了政治关注,关于加盟商监管的担忧被提出。在与英国三号公司进行 165 亿英镑的合并之际,沃达丰终止了部分参与诉讼的加盟商的合同,进一步加大了对其对待小企业主方式的审" type: "news" locale: "zh-CN" url: "https://longbridge.com/zh-CN/news/250593486.md" published_at: "2025-07-29T12:07:32.000Z" --- # 沃达丰的老板因 1.2 亿英镑的特许经营纠纷而面临新一轮的反对声浪 > 沃达丰的年度股东大会遭遇干扰,前加盟商指责该公司将他们推向财务破产,涉及一场价值 1.2 亿英镑的法律争议。原告声称,任意的合同变更和不公平的做法导致了门店关闭和严重的心理健康问题。沃达丰否认这些指控,声称大多数加盟商是盈利的。此案引起了政治关注,关于加盟商监管的担忧被提出。在与英国三号公司进行 165 亿英镑的合并之际,沃达丰终止了部分参与诉讼的加盟商的合同,进一步加大了对其对待小企业主方式的审查 Tuesday 29 July 2025 1:05 pm | Updated: Tuesday 29 July 2025 1:06 pm Vodafone’s annual general meeting was disrupted on Monday as former franchisees accused the telecoms giant of driving small business owners to the brink, amid a deepening £120m legal dispute over its former retail partner model. At the meeting in Newbury, several claimants involved in the lawsuit directly challenged chief executive Margherita Della Valle and chairman Jean-François van Boxmeer, demanding accountability over the impact of Vodafone’s franchise system The group alleges that Vodafone imposed arbitrary contract changes, slashed commissions and levied fines for minor infractions – actions they say led to store closures, bankruptcy, and severe mental health issues. Sonna Watton, a former franchisee from Lincolnshire, told the AGM: “How do you sleep at night knowing that Vodafone’s actions have left franchisees suicidal, losing their homes and drowning in debt?” Van Boxmeer responded to the question, reiterating Vodafone’s view that the dispute is a commercial matter. Della Valle did not comment during the exchange. ## Franchise model under fire The legal claim, filed at the Commercial Court in December 2023 and led by law firm IBB Law, is backed by 62 former and current Vodafone franchisees. The case accuses Vodafone of acting in bad faith, breaching its franchise agreements, and unjustly enriching itself at the expense of small businesses. Franchisees allege they were mis-sold the programme with promises of uncapped earnings, but were later saddled with revenue models that made stores unprofitable. Some claim they were pressured into taking out loans to keep trading, only to have their contracts terminated. Vodafone has denied the allegations and maintains that the majority of its franchise partners are profitable. A spokesperson previously said: “We strongly refute the claims. Our franchise model is a commercial relationship, and we believe we have treated franchisees fairly”. The company said it has reimbursed nearly £5m in clawbacks and fines where appropriate and has made improvements to its franchise partner programme ## Political and regulatory spotlight The dispute has caught the attention of Westminster, with Labour’s minister for enterprise Gareth Thomas confirming earlier this year that the government is “watching the case very carefully” and views it as a potential barometer for UK franchise regulation. MPs have also raised concerns that the issue echoes aspects of the Post Office Horizon IT scandal – where small business operators were caught in disputes with a large corporate entity, with little regulatory oversight. Vodafone’s treatment of its franchisees was also raised in a parliamentary debate earlier this year. Scrutiny on the company’s role intensified after its decision last year to leave the British Franchise Association, which promotes ethical franchising. ## Store closures and merger backdrop The clash comes at a turbulent moment for Vodafone’s UK operations. Just last month, the group finalised its £16.5bn merger with rival Three UK, creating Britain’s largest mobile network with over 27 million customers. As part of that integration, the newly forged Vodafonethree plans to streamline their its footprint, with store closures expected in areas of overlap. The franchisees say this adds to concerns that their legal claim will be swept aside amid broader corporate restructuring. Adding to tensions, Vodafone earlier this year terminated the contracts of 12 franchisees involved in the legal action, citing the “impact of negative campaigning” on its business. Those affected say they were punished for speaking out. The company has not disclosed the legal claim as a contingent liability in its FY2025 accounts, raising questions from claimants and observers over the seriousness with which the matter is being treated. With mediation efforts now collapsed and the case heading for trial, Vodafone’s leadership faces mounting pressure to engage more directly with its former partners – many of whom continue to accuse the FTSE 100 firm of abandoning small business owners during a period of financial distress. ### Related Stocks - [VOD.US - 沃达丰](https://longbridge.com/zh-CN/quote/VOD.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 索羅斯逆市加碼微軟及 Nvidia 等科企 新買入黃金股 清倉 4 隻股份 | 索羅斯基金管理公司在 2022 年第四季度加大對微軟、英偉達和蘋果等大型科技股的投資,同時增持黃金股以對衝風險。基金還增持了 Atlassian、Salesforce 和 Uber 等軟體公司股票,但大幅減持了 Snowflake 和 Ci | [Link](https://longbridge.com/zh-CN/news/275990619.md) | | 金價走弱,因美元上漲和風險偏好情緒主導 | 金價因美元上漲和風險偏好情緒影響,連續第二天下滑。美元的強勢削弱了黃金需求,交易者在等待 FOMC 會議紀要。黃金在亞洲時段滑落至 4922 美元,流動性因中國農曆新年假期而減弱。儘管缺乏看跌信心,黃金仍高於上週低點。市場關注即將發布的美國 | [Link](https://longbridge.com/zh-CN/news/276200400.md) | | Meta 擬部署「數百萬夥」Nvidia 晶片 進一步加強合作關係 | Meta 計劃在未來幾年內部署數百萬顆 Nvidia 的 Blackwell 與 Rubin GPU,進一步加強與 Nvidia 的合作關係。此舉將使 Meta 更多地使用 Nvidia 的 AI 處理器和網絡設備,預計將為 Nvidia | [Link](https://longbridge.com/zh-CN/news/276193053.md) | | 濫竽充數現代版|曾智華 | 曾智華在《星島日報》A7 版上被列為財經名家,分享其保守的理財策略。財富主要分配在政府年金、政府債券及幾隻穩定的股票,包括中電、港鐵、國泰航空及港交所。四隻股票在蛇年表現良好,均有升幅和穩定的息率。中電股價從 60.45 元升至 77 元, | [Link](https://longbridge.com/zh-CN/news/276041378.md) | | 金價預測:在美元上漲和積極風險情緒的影響下,黃金價格跌破 5000 美元;下行空間似乎有限 | 黃金價格在美元上漲和積極風險情緒的影響下跌破 5000 美元,儘管地緣政治風險可能為其提供支持。美聯儲降息預期限制了美元的上漲,黃金的下行空間似乎有限。投資者關注即將發布的美國非農就業報告和消費者通脹數據,以尋找美聯儲政策的線索。市場交易量 | [Link](https://longbridge.com/zh-CN/news/276098596.md) | --- > **免责声明**:本文内容仅供参考,不构成任何投资建议。