Watchdog blames social media ‘hype’ and competitiveness for younger investors’ bets on crypto October 20, 2021 Three quarters of younger investors in the UK who place their bets on high-risk products, such as cryptocurrencies, say they are driven by “competition” with friends and their own past investments, according to new research from the FCA. Of the 1000 UK younger investors that the FCA surveyed between the ages of 18 and 40 [...]
FCA fines Credit Suisse over £147m for ‘tuna bond’ loan failures in Mozambique October 19, 2021 Credit Suisse has been fined over £147 million by the Financial Conduct Authority (FCA). The investment bank has been punished for serious due diligence failings involving two loans worth over $1.3bn and a bond exchange arranged for the Republic of Mozambique. The fine settles a long-running US probe into Credit Suisse’s role in the Mozambique [...]
Family pays tribute to Sir David Amess MP October 17, 2021 The family of Sir David Amess MP have said their “hearts are shattered” and that they are “enormously proud of him”. Sir David Amess, 69, was stabbed to death on Friday during a constituency surgery at Belfairs Methodist Church in Leigh, Essex. He was married with four daughters and a son. In a statement released [...]
Priti Patel: MPs could get police protection for constituency surgeries October 17, 2021 Home Secretary Priti Patel has said the government is considering giving MPs police protection while they carry out their constituency surgeries, in the wake of the killing of Conservative MP Sir David Amess at his on Friday. Patel said the Commons Speaker Sir Lindsay Hoyle had already taken a “range of measures” since the brutal [...]
PM pays tribute to Sir David Amess MP killed in fatal stabbing October 15, 2021 Prime Minister Boris Johnson has paid tribute to Sir David Amess MP, who was killed today in a fatal stabbing. In a statement, he said “all our hearts are filled with shock and sadness” at the news. The Prime Minister praised Amess’ public service record. He highlighted his efforts to end animal cruelty, reduce fuel [...]
Mystery of headless torso still unsolved 30 years on: London gangsters or East German smugglers? October 11, 2021 In a quiet Sussex cemetery surrounded by trees, a gravestone without a name lies as a small but poignant monument to a grisly murder that has gone unsolved for 30 years. Three decades have passed since a headless and handless torso was discovered in the small West Sussex village of Bolney, but police still do [...]
Met in Priti Patel’s sights after Everard murder October 11, 2021 THE Home Office is reportedly ready to take on a major reform of the Metropolitan Police. Tensions between the Home Secretary Priti Patel and Met commissioner Cressida Dick have continued in the aftermath of the sentencing of PC Wayne Couzens – who raped and murdered 33 year old Sarah Everard whilst a serving officer – [...]
Mike Lynch extradition decision over $5bn fraud trial delayed October 10, 2021 The decision to extradite British entrepreneur Mike Lynch has been pushed to the end of the year after a judge delayed his decision in the separate $5bn (£3.7bn) case against Lynch by Hewlett-Packard. A draft decision, spanning over 1,000 pages, had been expected to be distributed to both Hewlett-Packard and Lynch by 24 September, according [...]
First wealthy parents convicted in the college admissions scandal that rocked America October 9, 2021 Late last night UK time, in the first case to go to trial in the notorious college admissions cheating scandal in the US, two wealthy parents were convicted of buying their children’s way into school as athletic recruits. Gamal Abdelaziz, a former casino executive, and John Wilson, a former Staples executive, were found guilty after [...]
Four London murders: Stephen Port was already on police’s radar hours after first victim’s death October 8, 2021 Only hours after his first victim was found dead, serial killer Stephen Port was identified as a ‘significant witness’ with a sexual assault allegation against him. The body of 23-year old Anthony Walgate, 2 was discovered slumped against a wall outside Port’s flat in Cooke Street, Barking, east London, following an anonymous 999 call at [...]