The Crime Lord: Peter Capaldi on the manosphere, London and rocking out with his band as he approaches 70
Old Bailey and Southwark Crown Court among list of eight crown courts to take part in a not-for-broadcast filming pilot scheme for three months March 20, 2016 Television cameras will be allowed into eight crown courts across England and Wales, including London's the Old Bailey and Southwark Crown Court, for the first time under a new pilot plan, Ministry of Justice and the Lord Chief Justice announced today. Under the not-for-broadcast scheme, the sentencing remarks of various nominated senior judges can be [...]
Retirement savings: Equity release allowing over-55s to unlock over 100 weeks’ worth of pay from their properties, offering alternative funding for their later years March 18, 2016 Over-55s using equity release products in the second half of last year unlocked over 100 weeks' worth of pay from their property, according to a report out today. The research by the Equity Release Council discovered that customers using drawdown mortgage products in the last six months of 2015 withdrew an average of £49,607, which is equivalent to [...]
A third of government’s major infrastructure projects at risk of never being achieving, MPs warn, a merger between authorities means nobody is there to be critical March 18, 2016 Around a third of government's major infrastructure projects are at risk of never being realised, MPs have warned today. A report by the Public Accounts Committee (PAC) highlights that the Major Projects Authority, which merged with Infrastructure UK at the start of the year to become the Infrastructure and Projects Authority, had rated 34 per cent of government's [...]
Adobe Systems share price up in after-hours trading as software company reveals rises in revenues and profits for three-months to 4 March 2016 March 17, 2016 Share price in Adobe Systems rose in after-hours trading today as the software company revealed that its profits had trebled for its first quarter of its 2016 fiscal year. The company announced that revenue had risen to $1.38bn (£950m) for the three months ended 4 March 2016, up 25 per cent compared with £1.11bn in 2015, while [...]
Euribor trials: European arrest warrant to be requested for the five traders who declined to appear at court hearing in January March 17, 2016 Five traders who have been accused of playing a part in manipulating the Euro Interbank Offered Rate (Euribor) might soon be making their way to the UK to face charges. It is understood that the Serious Fraud Office (SFO) will tomorrow approach a London court seeking an European arrest warrant for five individuals who declined to [...]
Telecomms giant BT Group to name Simon Lowth, who has previously worked for BG Group and AstraZeneca, as new finance chief tomorrow morning March 17, 2016 BT Group is set to name Simon Lowth as its new finance chief tomorrow morning. Lowth was previously finance chief at oil company BG Group before it merged with Royal Dutch Shell earlier this year and, prior to this, he was finance chief at pharmaceutical company AstraZeneca. Lowth also sits on the board of Standard Chartered and has [...]
Libor scandal: Former UBS and Citigroup trader Tom Hayes lost the best part of £1m on trading as he tried to raise funds to pay for his legal fees March 17, 2016 Tom Hayes lost the best part of £1m trading to try to raise money to pay his legal fees, a court was told today. Hayes, who was found guilty on eight counts of conspiracy to defraud last August for his role in manipulating Libor, has been attending a hearing at the Old Bailey since Monday to [...]
Average pay slashed by 15 per cent at Goldman Sachs International, the banking giant’s European branch, for the year ended December 2015 March 17, 2016 Pay has not been so golden for Goldman Sachs' European employees this last year, as the latest set of accounts for Goldman Sachs International shows that pay fell by an average of 15 per cent. According to the accounts for the year ending December 2015, the wage bill for the banking giant's European arm fell to [...]
Almost three months after the Solvency II regulations came into force, fewer than half of EU insurers have coordinated their approach towards capital management March 17, 2016 Many EU insurers are too disorganised in their approach to managing their capital, a professional services firm has warned today. A survey published by Deloitte, which examined 50 insurance companies across 10 different EU countries, discovered that fewer than half of EU insurers have a dedicated capital management department, despite the Solvency II regulations coming into [...]
Canadian pensions: Recently elected Prime Minister Justin Trudeau tells Bloomberg he will be lowering Old Age Security eligibility to 65, down from 67, at Budget on 22 March March 17, 2016 Canadian Prime Minister Justin Trudeau today announced that he would be lowering Old Age Security eligibility age to 65 at next week's Budget. Plans to raise the age for eligibility for Old Age Security – which is similar to the UK's State Pension – to 67 where put in place in 2012 by former Prime Minister Stephen [...]
