City watchdog probes Mastercard, Visa, Paypal for alleged anti-competitive conduct Regulation The City watchdog has confirmed it is investigating a trio of payments giants over alleged anti-competitive conduct. The Financial Conduct Authority (FCA) will probe Mastercard, Paypal and Visa under the Competition Act 1998 regarding its suspected conduct related to the “funding and usage” of Paypal’s digital wallet. Paypal’s digital wallet is an app-based system that [...]
Reform MP James McMurdock removes party whip ‘from himself’ over Covid loans investigation Politics Reform MP James McMurdock has suspended himself as chief whip following a Sunday Times investigation into his misuse of Covid-19 government loans. McMurdock, who has represented South Basildon and East Thurrock since last July’s general election, is alleged to have borrowed tens of thousands of pounds under the government’s Bounce Back loans scheme, according to a [...]
Bankrupt council faces multi-million-pound fraud probe Legal The Serious Fraud Office has commenced an investigation into an alleged multi-million-pound fraud committed against Thurrock Council.
Primark boss resigns after investigation into social conduct March 31, 2025 Primark boss Paul Marchant has resigned after an investigation into his behaviour by Primark’s parent company ABF. ABF’s share price fell nearly four per cent after the announcement. ABF Finance Director Eoin Tonge will act as Primark chief executive on an interim basis, while ABF Group Financial Controller Joana Edwards will act as interim ABF [...]
MK Dons investigating misogynistic posts by new owners’ spokesperson September 12, 2024 MK Dons say they are investigating dozens of misogynistic, racist and homophobic posts written by the mouthpiece for the League Two club’s Kuwaiti ownership. Moath Al Manayes, whose now deleted profile on X stated that he was the “owner’s representative at Milton Keynes Dons”, is understood not to be a direct employee of the club [...]