Whatever next for airlines: Does this recent case set a worrying precedent? May 10, 2016 A judge sitting at the County Court in Birmingham has awarded a passenger and her family compensation under Regulation 261/2004 for a nine hour flight delay which arose following the actions of a passenger who accidently broke the emergency door handle on the flight before her's. A part had to be flown in to repair the plane and [...]
EMBARGOED UNTIL MIDNIGHT: PAC: NO COHERENT ATTEMPT TO ASSESS HEADCOUNT IMPLICATIONS OF 7-DAY NHS May 10, 2016 NULL
EMBARGOED UNTIL MIDNIGHT: Deloitte European CFO Survey: Politics dominates business worries, 68% of European CFOs say there is a high level of financial and economic uncertainty facing their business May 10, 2016 NULL
How the City watchdog cracked down on insider trading May 10, 2016 The financial services watchdog is determined to show that it is serious about cracking down on insider trading. The Financial Conduct Authority (FCA) – as it is now known – secured two more convictions for its metaphorical trophy cabinet on Monday. Accountant Andrew Hind and former Deutsche Bank director Martyn Dodgson were found guilty on Monday [...]
City law firm urges more protection for self-reporting and incentivisation for whistleblowers ahead of anti-corruption summit May 10, 2016 A City law firm is today urging the government to introduce better protection for companies which confess their wrongdoings, along with cash incentives for whistleblowers, ahead of a major anti-corruption summit being hosted by Prime Minister David Cameron on Thursday. Pinsent Masons is calling on governments to provide immunity from prosecution for businesses which self-report corruption in certain limited circumstances, while companies which [...]
Gross written premiums growth for Hiscox despite having to navigate “more difficult markets in bigger ticket lines” May 10, 2016 Hiscox reported a boost to its gross written premiums in a trading statement today, despite having to navigate "more difficult markets in bigger ticket lines". The insurer announced that total gross written premiums had grown to £640.5m for the three months ending March 2016, up 14 per cent on a reported basis from £561.7m the year before. [...]
Steady as shares grow: Capita leads FTSE 100 on optimistic trading statement May 10, 2016 Capita's shares were leading the FTSE 100 risers this morning, after the outsourcing company revealed it had made a "solid start to 2016" and was making "steady progress" to securing contracts in a trading statement ahead of its AGM. Capita revealed that it had secured £458m aggregate major contracts – including five district council shared services contract worth £139m [...]
Operation Tabernula verdict: Two found guilty, three acquitted in insider trading case May 9, 2016 An ex-City banker and a former Topshop finance director were found guilty yesterday evening following a trial that is widely considered to be the most significant insider trading case in British history. Accountant Andrew Hind and former Deutsche Bank director Martyn Dodgson were convicted of conspiring to insider deal between November 2006 and March 2010, by a majority verdict. [...]
What will happen if there is a Brexit? Who knows, economists say May 9, 2016 Determining what would happen in the case of a vote for a Brexit on 23 June is incredibly difficult as there are flaws in the information such predictions are based on, a group of economists has said this evening. Speaking at an event hosted by the Institute of Directors (IoD) and the London School of Economics' Alumni Organisation, Dr [...]
