Letters: Mind the tourist traps and selfies September 12, 2022 [Re: Travel abroad is too pricey – so don’t look down on London tourists – join them] I think it is wrong to suggest Londoners look down on tourists without reason, just take a look at the selfie sticks outside Parliament for a lesson in how not to behave. I think when we travel there [...]
Keep momentum behind capital markets reform, Kalifa tells PM September 12, 2022 Ministers must keep the “continuity” and “momentum” behind capital markets reform in order to cement the UK’s standing as a global financial powerhouse, the author of a major government-commissioned review of fintech has warned.
What can Sunak-friendly fintech expect under Truss? September 12, 2022 Some fintech bosses are reconsidering what a Truss leadership may mean for the sector.
UK fintech investment tumbles as inflation rocks markets September 12, 2022 UK fintech investment plunged in the first half of 2022 as war in Ukraine and soaring inflation brought last year’s funding frenzy to a sharp close, new figures have revealed today.
Bank scandal victims must be informed of compensation deadline, campaigners say September 11, 2022 The banks at the centre of a multi-billion-pound mis-selling scandal should be forced to inform their victims of an approaching deadline to receive compensation, the Transparency Task Force (TTF) has told MPs. Victims of the interest rate hedging product (IRHP) scandal should be informed they must file any complaints to the UK’s Financial Conduct Authority [...]
National Crime Agency files claim to recover £54m from two Barclays bank accounts September 11, 2022 The UK’s National Crime Agency (NCA) is seeking to recover almost £54m from two Barclays accounts over concerns the money was acquired through fraud and money laundering. The NCA has filed a High Court claim seeking a Recovery Order to obtain £53,984,882 from two unnamed bank accounts, following internal investigations by the bank, a claim form seen [...]
Tussle over Iceland: Supermarket’s trademark row with country continues September 11, 2022 Retailer Iceland is back in court with the country Iceland as the trademark row over its name continues.
Parliament prepares for Queen to lie in state at Westminster Hall September 11, 2022 Parliamentary authorities are preparing for the Queen to lie in state at Westminster Hall from Wednesday, with an expected 500,000 people set to pay their respects. The Queen’s coffin will lie in state in parliament’s oldest building for four days as a part of the period of national mourning. Parts of the parliamentary estate will [...]
Bank of England to send rates to four per cent after Truss energy package September 11, 2022 The Bank of England could be forced to hike interest rates to their highest level since October 2008 to offset Liz Truss’s around £150bn energy support stoking inflation, City economists have warned. Sanjay Raja, senior economist at Deutsche Bank, said borrowing costs may be hoisted to restrictive territory to tame price pressures, possibly reaching a [...]
Barrister fined £500 over links to ‘inappropriate and offensive’ tweets September 11, 2022 A barrister has been fined £500 for his links to an anonymous Twitter account that put out a series of “inappropriate and offensive tweets.” The Bar Standards Board (BSB) fined Anthony Daniel Bennett £500 for allowing the Twitter handle “@arrytuttle” to send a series of offensive tweets about fellow barrister Adam Wagner. Bennett authorised use of [...]