If i pull the power cable out after a few minutes it goes away but returns as soon as i connect again......have you took the power cord out? pull it out and check.
A power led coming through?
Are you sure that its a different monitor? Did you take note of the old monitor's serial number before sending it back? If its not noticeable when the monitor is on they may not class it as a fault. If it makes no difference in windows or playing games I'm not sure I'd be worried about it either tbh.
Isn't that just the bezel pressing too firmly on the panel which causes the glow?
No, you're right. I wouldn't be happy with it. It actually looks worse than the last one?
And they offering you a true 8 bit 1440p panel for just 50 pounds more is a hell of a bargain. And it will come with V2 firmware installed.
If you still have the monitor, I'm curious, if you use a monitor test program (Eizo monitor test works great, Aida if you have registered it) and use an all black screen, does it look correct?

When you connect a monitor to a laptop, you have to enable the display first.
It can either be the primary or secondary display or you could duplicate it with the laptop display.
Did you try this?
Also on the desktop, make sure you're using the dual link port on the 7950. They have two dvi ports I think, one single ilnk and one dual link.
His panel is completely dead.
He's not even getting the Benq eye care logo or anything. You get the eye care logo when you first power on the monitor, even if it's not hooked to anything.
OP: You don't get the eye care logo at all, right?