Deutsche Bank fined $16m over US corruption charges August 23, 2019 Deutsche Bank settled for more than $16m with US authorities yesterday amid charges it had hired the relatives of foreign officials to win business. The Securities and Exchange Commission (SEC) said that it had fined the bank for hiring poorly qualified people just to get close to their decision-making relatives. Under the settlement’s terms Deutsche [...]
Eddie Stobart fires boss and suspends shares after accounting scandal August 23, 2019 Eddie Stobart parted ways with its chief executive and suspended trading in its shares this morning after a multi million-pound accounting error shook the group. Alex Laffey will step down from the role after four years with the logistics firm whose biggest stakeholder is embattled fund manager Neil Woodford. Read more: Eddie Stobart first half [...]
RBS and Santander rapped over PPI reminders August 23, 2019 Santander and the Ryal Bank of Scotland apologised to customers today as the UK’s competition watchdog scolded them for not properly reminding PPI customers they were able to cancel their plan. The Competition and Markets Authority (CMA) said it will force the two banks to appoint independent auditors to scour through their payment protection insurance [...]
Republicans have no clue how to handle their deranged ‘Messiah’ August 23, 2019 Imagine you are a serious US politician. What do you do when the man your party put in the White House tries to buy another country’s territory, before repeating claims that he is like the “King of Israel” and boasting that he is “the Chosen One”, all within the space of two days? The obvious [...]
Shocked at the NHS denying treatment to unmarried women? That’s just the start August 23, 2019 All healthcare systems ration. Single-payer models dependent on tax revenue, like the NHS, tend to ration with access to treatment and waiting times. The utilitarian defence of such systems is that they are universal. If I’m waiting for my hip replacement, so are you. If you can’t access an experimental drug for your ailment, my [...]
From body modification to BDSM, we have no right to police the choices of consenting adults August 23, 2019 Earlier this year, Brendan McCarthy, known as Dr Evil, was sentenced to 40 months in jail for performing consensual body modifications. This included the removal of a nipple and ear, and the splitting of a tongue. The judges ruled that the customers’ written consent to McCarthy did not amount to a defence. “Not my cup [...]
DEBATE: Will email die out? August 23, 2019 Will email die out? Morten Brøgger, chief executive of collaboration platform Wire, says YES. Almost 50 years on since its inception, email is fast becoming no longer fit for purpose as a communication tool. Given that 90 per cent of cyber attacks begin with a phishing email, today it’s the equivalent of leaving the house [...]
UK’s most expensive cities becoming more affordable for homebuyers August 23, 2019 Houses in Britain’s most expensive cities have returned to levels of affordability not seen since 2015, according to new data released this morning. Weak house price growth and rising wages have boosted the chances for those wanting to buy houses in the country’s priciest cities, according to the latest UK Cities House Price Index by [...]
City Moves for 23 August – Who’s switching jobs at Oxford Properties, WH Ireland and Mediconnect? August 23, 2019 Today’s City Moves includes Oxford Properties, WH Ireland and Mediconnect. Oxford Properties Global real estate investor, developer and manager Oxford Properties Group, has announced a series of changes to its leadership team and the appointment of Dean Hopkins as chief operations officer. The changes come at a time of rapid worldwide growth for Oxford, which [...]
Spaces opens its largest London flexible office centre August 22, 2019 Spaces has opened its largest London co-working centre to date, in the latest sign of a current boom in demand from flexible workspace operators across the capital. Read more: Property developers urge calm as Hong Kong protests continue The office provider is occupying over 80,000 square feet across seven floors in London Victoria. Flexible workspace [...]