Former polymer banknote manufacturer manager convicted on corruption-based charges May 11, 2016 On the eve of Prime Minister David Cameron's anti-corruption summit, the fraud squad had a reason to celebrate – securing a conviction on corruption-based charges. Peter Chapman, 54, a former manager of polymer banknote manufacturer Innovia Securency PTY, was convicted today on four counts of making corrupt payments to a foreign official, although he was [...]
Former Barclays banker pleaded guilty to Libor-rigging offence May 11, 2016 A former Barclays banker pleaded guilty to offences related to Libor-rigging around 19 months ago, fraud squad prosecutors said in court today. Peter Johnson pleaded guilty to conspiracy to defraud in October 2014 after charges were brought against him earlier that year, but a reporting restriction preventing him from being named was not lifted until [...]
Confident challenger OneSavings Bank reveals net loans and advances growth May 11, 2016 OneSavings Bank revealed today that its net loans and advances had grown in a trading statement ahead of its AGM, with its chief executive noting that the challenger bank remained "confident" for the year ahead. The bank, which launched in 2011, reported that net loans and advances grew by £460m in its first quarter of the year, [...]
JRP Group feeling positive off the back of last set of pre-merger results, even though they revealed a dip in total new business sales May 11, 2016 JRP Group has today revealed its final set of quarterly results relating to before its merger, in which the group chief executive revealed that he felt "positive about the future". JRP Group was formed when Just Retirement completed its merger with Partnership Assurance Group earlier this year but after the period being reported on today. Total [...]
Allianz confirms it is aiming for €10.5bn for 2016, give or take €500m May 11, 2016 Allianz today confirmed its operating profit outlook of approximately €10.5bn (£8.3bn) for 2016, after experiencing what it called a strong start to the year. "The first quarter represented a great start to the year," said Dieter Wemmer, finance chief of Allianz SE. "We are well on our way towards achieving our operating profit target in the range of [...]
Not-so-happy holidays: The dream vacation costs more than double what Brits think it will May 11, 2016 The weather outside might be frightful but at least your wallet is looking delightful – or at least, more delightful than it would do if you had opted to fly away on holiday to escape the rain. British holiday hopefuls might be surprised to learn that their ideal vacation could set them back 145 per cent [...]
It’s time to celebrate consultants’ contributions May 10, 2016 The public and thousands of organisations benefit hugely each year from the skills and innovation provided by the UK’s world-class consulting firms. For example, partnerships between management consultancies, the private sector and government are improving the management of long-term health conditions, delivering reductions in crime and greater public safety, introducing new digital services, and helping [...]
UK sleepwalks into cyber crisis May 10, 2016 British businesses are still not doing enough to protect themselves from costly cyber attacks, experts have warned ahead of a major conference on cyber security tomorrow. The Public Policy Exchange is hosting the high-level summit with the aim of ensuring the police, public and private sectors, industry and government might better work together to lower [...]
