Ruth Davidson rules out ever becoming Conservative leader September 16, 2018 Ruth Davidson, the leader of the Scottish Conservatives, has ruled herself out of ever making a bid to take the party’s top position, citing concerns about her family and mental health. Davidson, who is currently pregnant with her first child, told The Sunday Times of how she has been diagnosed with clinical depression aged 18, [...]
Former Deutsche Bank trader who pleaded guilty to Euribor rate rigging let off £6.5m fine September 15, 2018 A former Deutsche Bank trader who pleaded guilty to rigging the Euro Interbank Offered Rate (Euribor) has escaped from a £6.5m fine after the City watchdog ruled his conviction was punishment enough. Christian Bittar, once Deutsche Bank's star trader, was sentenced to five years after he pleaded guilty to rigging Euibor, an interest rate benchmark [...]
Former Deutsche Bank trader who pleaded guilty to Euribor rate rigging let off £6.5m fine September 15, 2018 A former Deutsche Bank trader who pleaded guilty to rigging the Euro Interbank Offered Rate (Euribor) has escaped from a £6.5m fine after the City watchdog ruled his conviction was punishment enough. Christian Bittar, once Deutsche Bank's star trader, was sentenced to five years after he pleaded guilty to rigging Euibor, an interest rate benchmark [...]
Ringleader of £3m ‘boiler room’ scam jailed for 13 years following FCA investigation September 15, 2018 The ringleader in a £2.8m boiler room scam was sentenced to 13 years in Jail yesterday after he was found guilty of co-ordinating a scam through a series of boiler room companies that conned 170 investors. The investigation into the scam, called Operation Tidworth, was one of the most complex taken on by the Financial Conduct [...]
Ringleader of £3m ‘boiler room’ scam jailed for 13 years following FCA investigation September 15, 2018 The ringleader in a £2.8m boiler room scam was sentenced to 13 years in Jail yesterday after he was found guilty of co-ordinating a scam through a series of boiler room companies that conned 170 investors. The investigation into the scam, called Operation Tidworth, was one of the most complex taken on by the Financial Conduct [...]
Nationwide vows to keep branches open as it spends £1.3bn on digital growth September 15, 2018 Nationwide has vowed not to be the second bank to fall victim to an IT disaster this year as it unveiled a £1.3bn technology upgrade today. Chief executive Joe Garner said there would not be one “big bang” change as it moves to a new digital platform, adding that the investment won’t come at the [...]
Nationwide vows to keep branches open as it spends £1.3bn on digital growth September 15, 2018 Nationwide has vowed not to be the second bank to fall victim to an IT disaster this year as it unveiled a £1.3bn technology upgrade today. Chief executive Joe Garner said there would not be one “big bang” change as it moves to a new digital platform, adding that the investment won’t come at the [...]
John Lewis boss ‘to lead review’ into rail industry amid calls for nationalisation September 15, 2018 John Lewis boss Keith Williams is to lead the government's review into the rail industry next week as it battles criticism over its franchise system. The Sun reported that deputy chairman Williams will lead review – to be announced on Thursday – to focus on a balance between the public and private sector at a time when the industry [...]
John Lewis boss ‘to lead review’ into rail industry amid calls for nationalisation September 15, 2018 John Lewis boss Keith Williams is to lead the government's review into the rail industry next week as it battles criticism over its franchise system. The Sun reported that deputy chairman Williams will lead review – to be announced on Thursday – to focus on a balance between the public and private sector at a time when the industry [...]
Labour will vote against Theresa May’s Brexit deal, says shadow foreign secretary Emily Thornberry September 15, 2018 Shadow foreign secretary Emily Thornberry has said Labour would most likely vote against any Brexit deal Theresa May brings back from Brussels. The frontbencher told the FT she "can't see" the government reaching an agreement that would meet Labour's six key tests, one of which is that Britain would continue to enjoy the same benefits [...]