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Investments

Posted Mon, 15/03/2010 - 20:07

FSA targets insider dealing

FSA targets insider dealing

Monday 15th March 2010

There is no doubt that the Financial Services Authority (FSA) has recently increased surveillance and prosecutions in the area of insider dealing and today's announcement that 460 additional members of staff will be brought into this area has ... Full Story>>

Posted Mon, 15/03/2010 - 06:29

City of London under threat from New York

City of London under threat from New York

Sunday 14th March 2010

It has been revealed that London has lost its crown as the centre of the worldwide banking and finance industry with news that New York is now level pegging with the City of London in the latest Global Financial Centres Index. This is a bitter ... Full Story>>

Posted Mon, 15/03/2010 - 06:27

British government attacks Unite union

British government attacks Unite union

Sunday 14th March 2010

Lord Adonis, the transport secretary for the UK government, has today gone on the attack suggesting that strikes by British Airways employees were "totally unjustified". This is the first actual comment from the UK government with regards to ... Full Story>>

Posted Sun, 14/03/2010 - 16:35

Unite union calls upon British Airways management to talk

Unite union calls upon British Airways management to talk

Sunday 14th March 2010

In what many see as the latest sign that the British Airways management is winning the battle with the Unite union, union leaders have demanded British Airways tone down recent comments regarding the union and British Airways employees and get ... Full Story>>

Posted Sun, 14/03/2010 - 06:02

Royal Mail at centre of performance fixing allegations

Royal Mail at centre of performance fixing allegations

Saturday 13th March 2010

The postal regulator Postcomm has this week revealed that claims by the Royal Mail that nine out of ten letters and parcels are delivered the next day have been thrown into question. It is believed that an investigation by the regulator found ... Full Story>>

Posted Sat, 13/03/2010 - 00:52

UK government offers GM Europe £270 million loan guarantee

UK government offers GM Europe £270 million loan guarantee

Friday 12th March 2010

In an about turn, the UK government has today revealed it will provide GM Europe with a £270 million loan guarantee in order to secure the company's operations in the UK. The move has come as something of a surprise after various similar ... Full Story>>

Posted Fri, 12/03/2010 - 21:47

FSA to stamp down upon mis-selling scandals

FSA to stamp down upon mis-selling scandals

Friday 12th March 2010

The FSA (Financial Services Authority) has today confirmed that new financial products entering the UK market in the future will be susceptible to more scrutiny than ever before. In a move which is aimed at reducing the number of mis-selling ... Full Story>>

Posted Fri, 12/03/2010 - 17:45

Ex-Cazenove partner found guilty of insider trading

Ex-Cazenove partner found guilty of insider trading

Friday 12th March 2010

Malcolm Calvert, who worked his way up from the post room at Cazenove to become a partner in the business, is today starting a 21 month prison sentence after being found guilty on five counts of insider trading. He was found not guilty on a ... Full Story>>

Posted Fri, 12/03/2010 - 17:44

Report into Lehman Bros collapse criticises management

Report into Lehman Bros collapse criticises management

Friday 12th March 2010

In what many believe was a defining moment of the credit crunch and worldwide recession the collapse of Lehman Bros has been reinvestigated by a number of authorities around the world. A report issued today suggests that the management and ... Full Story>>

Posted Thu, 11/03/2010 - 22:20

Bill Gates is no longer the world's richest man!

Bill Gates is no longer the world's richest man!

Thursday 11th March 2010

The annual billionaires list from the Forbes magazine has shed new light on the richest man in the world with Bill Gates having fallen to number two and Mexican telecoms billionaire Carlos Slim Helu now number one in the table. This is the ... Full Story>>