Small islands will be washed away unless they harness a greener off-shore finance October 29, 2021 Climate change is already being felt across the world with extreme weather events causing food insecurity, conflict and forced migration in places as diverse as the Middle East, Latin America and the Arctic. As world leaders gather in Glasgow for Cop26 next week, there are some for whom the outcome could literally be a question [...]
Maybe 2023: BrewDog momentum for London listing stalls October 18, 2021 BrewDog’s momentum for a market debut in London appears to have slowed as the brewing operation eyes 2023 for a float.“Could it be sometime in 2022? Maybe. 23? Maybe,” CEO and co-founder James Watt told The Daily Telegraph.Watt was keen to distance the listing cooling from ex-staffers’ claims of a “culture of fear” at BrewDog. [...]
‘FCA claimed a big scalp’: NatWest’s £320m money laundering fine sends message to the entire City October 8, 2021 NatWest is this morning staring at the prospect of a fine of up to £320m following the bank’s admission of guilt yesterday in relation to three charges of money laundering. The banking giant admitted it had failed to properly monitor £365m when it was deposited into a customer’s account. The case is widely seen as [...]
Putin on the pressure: Gas prices up and down on volatile day October 6, 2021 NATURAL gas prices hit record highs early yesterday before plummeting after Vladimir Putin said he would ramp up gas supplies to Europe. November natural gas futures contracts scaled to a record high of 404p per therm, the first time they have ever breached the £4 mark. In the last year alone, prices have risen by [...]
Sir Philip Green’s wife spent millions on London homes as BHS collapsed October 5, 2021 Sir Philip Green’s wife spent millions on London properties while thousands of employees working at now-collapsed BHS prepared to lose their jobs. Details of Lady Tina Green’s spending were laid bare in the ‘Pandora Papers – leaked offshore financial documents published by the BBC. Tina Green used a company located in the British Virgin Islands [...]
UK urged to crack down on ‘dirty money’ as Pandora Papers expose London’s murky role October 4, 2021 There are fresh calls today to tighten Britain’s defences against “dirty money” after a leak of offshore data exposed the secret financial dealings of some of the world’s richest and most powerful people. The cache of almost 12m files – dubbed the Pandora Papers – is said to cover the activities of some 35 current [...]
Blairs hit back after Pandora Papers property revelation October 4, 2021 TONY Blair is amongst a host of high-profile global figures who have been dragged into a row over offshore taxation after the leak of thousands of pages of confidential financial documents. Dubbed the Pandora Papers, the leak is set to raise difficult questions for figures as prominent as Vladimir Putin and the King of Jordan. [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]
Peers brand decision to lift cap on number of nuclear warheads ‘thin and unconvincing’ April 22, 2021 Members of the House of Lords have criticised the government’s decision to lift the cap on the number of nuclear warheads held by the UK. Peers argued the decision was disproportionate, expensive, unfounded, unconvincing and at odds with the United States, which has just pledged to reduce the role of nuclear weapons in foreign policy. [...]
Iran says Natanz nuclear site hit by terrorism April 12, 2021 An incident at Iran’s Natanz nuclear facility yesterday was caused by an act of “nuclear terrorism”, the country’s nuclear chief Ali Akbar Salehi said, according to state TV, adding that Tehran reserves the right to take action against the perpetrators. Israel’s Kan public radio cited intelligence sources, whose nationality it did not disclose, as saying [...]