Quindell eyed for group legal action by rival law firm Your Legal Friend December 16, 2014 Embattled insurance outsourcer Quindell is being eyed for potential group legal action by a rival law firm Your Legal Friend. Liverpool-based Your Legal Friend, which was formerly known as Camps Solicitors, is appealing for investors burnt by their investment in Quindell to get in touch. The company's share price has lost around 75 per cent in [...]
FCA chiefs Martin Wheatley and David Lawton cling on despite damning Davis report on insurance market fiasco December 10, 2014 City watchdog Martin Wheatley came in for criticism yesterday as the £3.8m Davis report on the regulator’s handling of media briefings was released to the public. The Financial Conduct Authority’s (FCA) chief executive will forgo his bonus for 2013-14 as a result of the findings, as will David Lawton, director of markets, Zitah McMillan, director [...]
Prince Harry, Cheryl ex-Cole, Helen Mirren, Simon Cowell and Dermot O’Leary hit the phones for Icap charity drive December 3, 2014 While most of the City had its eyes glued to the Autumn Statement, Icap traders were slightly distracted by the likes of Cheryl Fernandez-Versini (ex- Cole, née Tweedy), Prince Harry, Dame Helen Mirren, Simon Cowell and most of the cast of The Only Way Is Essex – who were all in helping to raise money [...]
Here’s why some economists are slamming Danny Alexander’s plan to build new homes on public sector land December 2, 2014 We may be in the midst of strong growth and plummeting unemployment, but when it comes to the economy, most people tend to fixate on one thing: housing. While house prices in London and the South East are not rising at the eye-watering levels they were 10 months ago, the cost of housing is driving [...]
Jean-Claude Juncker says he should have changed Luxembourg’s tax laws November 27, 2014 Jean Claude Juncker, the President of the European Commission, has responded to criticisms of Luxembourg’s tax system while he was in government. The former Prime Minister said he wished his government had legislated to to give it more control of tax deals by international companies. He said the tax structure was a way to diversify [...]
The art of theft: Why do thieves steal famous paintings when they’re so hard to sell? October 28, 2014 On a freezing Stockholm evening just before Christmas 2000, a group of six to eight Middle Eastern men put into action a plan they’d been working on for months. The group parked cars in the middle of the three central roads leading to the Swedish National Museum and set them ablaze. As fire engines [...]
Lancaster backs Robshaw to end debate over his England future October 22, 2014 ENGLAND head coach Stuart Lancaster has backed Chris Robshaw to cast aside constant speculation over his role in international rugby and prove his pedigree after re-naming the Harlequins flanker as skipper for the autumn internationals. Lancaster has included a trio of uncapped players – Bath winger Semesa Rokoduguni, Saracens second row George Kruis and Northampton [...]
As Labour proposes giving football fans seats on club boards, would this improve the sport? October 19, 2014 Robin Osterley is chief executive of Supporters Direct, says Yes. Pretty much everyone working in the game likes to argue that football clubs are a special form of business that hold a very significant place in cultural and social terms – not just as actual sports businesses. Clubs are prepared to invest significantly in promoting [...]
Shared parental leave: What it’s worth knowing October 14, 2014 You can take it in blocks, but it won’t be the best option for everyone. Billed as Nick Clegg’s greatest achievement as deputy prime minister, from next year, parents will be able to share parental leave after the birth of their child. Designed to give more choice over how a baby is looked after [...]
Mark Carney on interest rate rises, Eurozone weakness and the 2015 general election October 13, 2014 Is Bank of England governor Mark Carney on a media blitz? He’s already taken the opportunity to tell bank chiefs to face up to new laws which make them legally responsible for any wrongdoing. And, while attending the annual meeting of the International Monetary Fund in Washington, he’s also given interviews to CNBC and CNN making clear that eurozone weakness and [...]