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. Uber has been rocked by a steady stream of scandals and negative publicity in recent years, including revelations of questionable spy programs, a high-stakes technology lawsuit, claims of sexual harassment and discrimination and embarrassing leaks about executive conduct. ... [Read full article on Guardian ]
Tuesday 27th of June 2017 11:14:33 PM
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....”. Moving jobs which relate to small business loans is likely to prove particularly controversial following a scandal at the bank’s global restructuring group, known as GRG. ... [Read full article on Guardian ]
Sunday 25th of June 2017 03:48:43 PM
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....Could the government have saved money for consumers in the long run by shouldering some of the upfront costs? The NAO suggests so: “Alternative approaches could have reduced the total project cost,” it says. The scandalous part is that sums were never done. ... [Read full article on Guardian ]
Thursday 22nd of June 2017 11:01:08 PM
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....Then there are the practicalities of adopting, amending, or abolishing the 4,500 or so EU regulations covering food, farming and environmental standards that fall within the remit of the Department for Environment, Food and Rural Affairs. Brexiters may loathe the Brussels bureaucracy that dictates everything down to the size of olive oil cans, but we need many of these rules to protect us from the sort of food safety scandals and adulteration frauds of the past. ... [Read full article on Guardian ]
Monday 26th of June 2017 06:00:02 AM
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.... Results show that none of six new 2017 diesel cars met the EU standard for toxic nitrogen oxides (NOx) pollution in real-world driving. The updated Equa Index, produced by the testing firm Emissions Analytics, shows that 86% of all diesel models put on to the British market since the 2015 Volkswagen emissions scandal failed to meet the official limit on the road, with 15% producing at least eight times more NOx emissions. ... [Read full article on Guardian ]
Friday 23rd of June 2017 10:33:14 AM
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....Veneto Banca and Banca Popolare di Vicenza are key players in the industrial heartland, in the north-east of Italy. As well as bad loans, they have also been dragged down by a mis-selling scandal. ... [Read full article on Guardian ]
Sunday 25th of June 2017 05:14:25 PM
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....A number of analysts and observers believe that Ofcom’s reports will have raised concerns and issues about the takeover. But they also expect that the Murdochs will probably be able to gain clearance for the deal, six years after withdrawing an earlier bid at the height of the phone-hacking scandal. ... [Read full article on Guardian ]
Sunday 25th of June 2017 02:57:59 PM
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....The return of James Murdoch raises the questions of Sky being a “fit and proper” broadcaster. The youngest Murdoch son was castigated by MPs and by Ofcom when he ran UK newspapers for inadequately ensuring compliance with criminal law over the hacking scandal, which has seen a number of journalists and public officials convicted and millions paid out to victims. ... [Read full article on Guardian ]
Monday 26th of June 2017 06:59:25 PM
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....If you wondered why your neighbour can afford to upgrade their car every three years, the answer is they are probably buying with something called a personal contract purchase (PCP) plan. PCP is now a hugely popular way of buying new and, increasingly, used cars, but some fear it could trigger the next big mis-selling scandal. ... [Read full article on Daily Express ]
Sunday 25th of June 2017 01:27:00 PM
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Latest Finance News related to Scandal

Uber's scandals, blunders and PR disasters: the full list image
Source : Guardian [Read Article] Tuesday 27th of June 2017 11:14:33 PM
. Uber has been rocked by a steady stream of scandals and negative publicity in recent years, including revelations of questionable spy programs, a high-stakes technology lawsuit, claims of sexual harassment and discrimination and embarrassing leaks about executive conduct. ...
The Guardian view on Murdoch’s Sky plan: a blow to media plurality | Editorial image
....The return of James Murdoch raises the questions of Sky being a “fit and proper” broadcaster. The youngest Murdoch son was castigated by MPs and by Ofcom when he ran UK newspapers for inadequately ensuring compliance with criminal law over the hacking scandal, which has seen a number of journalists and public officials convicted and millions paid out to victims. ...
Brexit could destroy the UK's food and farming industry – or be the making of it | Felicity Lawrence image
....Then there are the practicalities of adopting, amending, or abolishing the 4,500 or so EU regulations covering food, farming and environmental standards that fall within the remit of the Department for Environment, Food and Rural Affairs. Brexiters may loathe the Brussels bureaucracy that dictates everything down to the size of olive oil cans, but we need many of these rules to protect us from the sort of food safety scandals and adulteration frauds of the past. ...
Italy to wind up two failing banks at potential cost of €17bn image
Source : Guardian [Read Article] Sunday 25th of June 2017 05:14:25 PM
....Veneto Banca and Banca Popolare di Vicenza are key players in the industrial heartland, in the north-east of Italy. As well as bad loans, they have also been dragged down by a mis-selling scandal. ...
RBS to cut hundreds of UK jobs in move to India image
Source : Guardian [Read Article] Sunday 25th of June 2017 03:48:43 PM
....”. Moving jobs which relate to small business loans is likely to prove particularly controversial following a scandal at the bank’s global restructuring group, known as GRG. ...
Murdoch's Sky takeover bid: culture secretary's verdict due this week image
....A number of analysts and observers believe that Ofcom’s reports will have raised concerns and issues about the takeover. But they also expect that the Murdochs will probably be able to gain clearance for the deal, six years after withdrawing an earlier bid at the height of the phone-hacking scandal. ...
Car finance: Is it time to go down the PCP and HP road? image
Source : Daily Express [Read Article] Sunday 25th of June 2017 01:27:00 PM
....If you wondered why your neighbour can afford to upgrade their car every three years, the answer is they are probably buying with something called a personal contract purchase (PCP) plan. PCP is now a hugely popular way of buying new and, increasingly, used cars, but some fear it could trigger the next big mis-selling scandal. ...
Latest diesel car models remain highly polluting, tests show image
Source : Guardian [Read Article] Friday 23rd of June 2017 10:33:14 AM
.... Results show that none of six new 2017 diesel cars met the EU standard for toxic nitrogen oxides (NOx) pollution in real-world driving. The updated Equa Index, produced by the testing firm Emissions Analytics, shows that 86% of all diesel models put on to the British market since the 2015 Volkswagen emissions scandal failed to meet the official limit on the road, with 15% producing at least eight times more NOx emissions. ...
Hinkley Point C: watchdog confirms fears of political vanity project | Nils Pratley image
....Could the government have saved money for consumers in the long run by shouldering some of the upfront costs? The NAO suggests so: “Alternative approaches could have reduced the total project cost,” it says. The scandalous part is that sums were never done. ...
Uber CEO Travis Kalanick should have gone years ago | Nils Pratley image
Source : Guardian [Read Article] Wednesday 21st of June 2017 10:01:21 AM
. Travis Kalanick has resigned as chief executive of Uber – too late and without an admission of personal responsibility for the many scandals that have engulfed the ride-hailing firm he helped to found. ...
Uber CEO Travis Kalanick resigns following months of chaos image
Source : Guardian [Read Article] Wednesday 21st of June 2017 06:19:56 AM
. Uber co-founder Travis Kalanick has resigned from his position as chief executive of the $68bn ride-hailing app following a tumultuous six months of scandal. ...
Paul Myners: Barclays realised taxpayer bailout would hit bonuses image
Source : Guardian [Read Article] Tuesday 20th of June 2017 06:01:43 PM
....The public anger sparked by the financial crisis forced greater disclosure from banks about the way they paid their top staff, particularly banks like Barclays that have large investment banking operations. Anthony Salz, a lawyer who conducted a review for Barclays of its activities in the wake of the 2012 Libor rigging scandal, said in his report a year later that the bank paid “incentive” pay of £2. ...
Fox’s £11.7bn bid for Sky ‘should be referred to competition authorities’ image
....During Rupert Murdoch’s previous bid for Sky in 2010, the then culture secretary, Jeremy Hunt, accepted an offer to partially spin off Sky News to allay the media plurality issues Ofcom raised at the time. However, the takeover collapsed because of the fallout from the phone-hacking scandal that engulfed Murdoch’s News of the World. ...
Barclays: who are the four charged bankers? image
Source : Guardian [Read Article] Tuesday 20th of June 2017 02:17:46 PM
Barclays to learn if SFO will press charges over Qatari cash injections image
....The investigation was announced in August 2012. The stakes are high, not only for the individuals involved and the bank itself, which has been trying to restore its reputation after a series of scandals, but also for the SFO and its head, David Green. ...
Tesco says price rises are last resort as UK growth hits seven-year high image
....Tesco reported its first unbroken run of underlying sales growth in the UK for seven years in April, thanks to a focus on lower prices and better customer service. Analysts were worried, however, that the company’s recovery from its 2014 accounting scandal – which forced a major restructuring of the business – was losing momentum after like-for-like sales slowed to 0. ...
Embattled Uber CEO Travis Kalanick takes indefinite leave of absence image
Source : Guardian [Read Article] Tuesday 13th of June 2017 06:36:50 PM
....” After apologizing in an email to the staff, he resigned from the board later Tuesday. Though it’s hard to think of a time when Uber wasn’t facing one scandal or another, over the past six months the company has been in unprecedented turmoil. ...
Naomi Klein: ‘Trump is an idiot, but don’t underestimate how good he is at that’ image
.... Men who have made billions out of meltdown and financial crisis, such as Wilbur Ross, the “king of bankruptcy” who is now secretary of commerce, or the various crash-plutocrats recruited from Goldman Sachs and elsewhere. (“In any other moment,” Klein says with a laugh, “the very fact that the CEO of Exxon Mobil is now the secretary of state would be the central scandal. ...
Germany fears big losses over tax scandal image
Source : BBC [Read Article] Thursday 8th of June 2017 11:14:16 PM
. It is reckoned to be the biggest tax scandal in German post-war history. ...
BT drops PwC following Italian accounts scandal image
Source : BBC [Read Article] Thursday 8th of June 2017 01:56:30 PM
. BT has replaced its auditor for the first time in 33 years after an accounting scandal at its Italian business cost it £530m. ...
How low does Uber have to go before we stop using it? image
Source : Guardian [Read Article] Thursday 8th of June 2017 01:27:04 PM
.... And Uber continues to grow, and cement itself further in the lives of millions of customers. You could see that this spring, when Uber leapt headfirst into a sexual harassment scandal from which it is still attempting to extract itself. ...
Why Uber's latest scandal shows the need for a whole new board image
Source : Guardian [Read Article] Thursday 8th of June 2017 12:37:02 PM
.... The findings of a second inquiry on Uber’s wider culture, led by former US attorney general Eric Holder, are due to be announced next week. Through all the scandals, including allegations that Uber used secret software to fool law enforcement officers, supposedly independent directors such as Arianna Huffington, the most visible, have stood by Kalanick. ...
Uber executive 'had no reason to obtain rape victim's medical records' image
....The sackings follow an investigation carried out by the law firm Perkins Coie after allegations of sexual harassment were made by Susan Fowler, a former Uber engineer who published an account of sexual harassment and discrimination at the company which went viral. Uber has been under pressure to change its company culture following a series of scandals that appeared to demonstrate aggressive business practices and a toxic work environment. ...
Uber fires more than 20 employees after sexual harassment investigation image
Source : Guardian [Read Article] Wednesday 7th of June 2017 03:52:01 AM
.... How do you end up with that many people reporting sexual harassment and having to bring in an outside firm to handle it? What the hell has your HR department been doing?”. Uber has been taking steps to change company culture following a series of scandals that appeared to demonstrate aggressive business practices and a toxic work environment. ...
Adnan Khashoggi: Saudi billionaire arms dealer dies aged 82 image
Source : BBC [Read Article] Tuesday 6th of June 2017 06:37:25 PM
....His parties were legendary, featuring a cast of celebrities, glamorous women and fellow tycoons. But a series of scandals - political and financial - not only tarnished his reputation but greatly diminished his fortune. ...
Tesco PwC accounts probe called off image
Source : BBC [Read Article] Monday 5th of June 2017 07:34:39 AM
....". The investigation stemmed from Tesco's 2014 accounting scandal, in which profits were overstated by £326m. ...
Yes, house prices are falling: but they probably won’t fall quickly image
.... But a full-scale crash requires a steep rise in interest rates – and, for now, no one is forecasting that. What do BT and British Airways have in common? You could point to the public relations disasters that dog each organisation: one hitting the headlines recently following its accounting scandal, the other struggling to cope with the after-effects of last weekend’s cancelled flights. ...
WPP needs a big name to follow Sir Martin Sorrell image
Source : Guardian [Read Article] Sunday 4th of June 2017 06:00:16 AM
.... Panmure has a plan, which will dominate its AGM on Thursday. The broker is bracing itself for a takeover from an investment vehicle led by Bob Diamond, the former Barclays boss who was forced out in the wake of the Libor-rigging scandal. ...
Let’s hope a hung parliament can halt the Brexit disaster image
Source : Guardian [Read Article] Sunday 4th of June 2017 05:59:15 AM
....It all boils down to two essential factors: one, referred to in this column a few weeks ago, is the fantasy that we can enjoy Scandinavian levels of public service and welfare on US-style tax rates. (It is, by the way, scandalous that the right wing of the Conservative party and their ghastly tabloids have made “welfare” into a dirty word – while always promising tax cuts. ...
Putin scorns US claims over Trump-Russia ties image
Source : BBC [Read Article] Friday 2nd of June 2017 11:58:17 AM
....Mr Putin accused the West of carrying out "crude and systematic interference in Russian affairs for many years". Russia: The scandal Trump can't shake. ...
Brazil emerges from recession as GDP grows 1% image
Source : BBC [Read Article] Thursday 1st of June 2017 01:32:47 PM
....Mr Temer has denied the allegations, saying the tape had been "manipulated" but there have been growing calls for his resignation. The ongoing corruption scandal has also thrown Mr Temer's planned economic reforms into doubt. ...
Spain's top anti-corruption prosecutor quits over Panama link image
Source : Guardian [Read Article] Thursday 1st of June 2017 01:21:08 PM
.... Despite his insistence that he had done nothing wrong, opposition parties had been vocal in their calls for him to step down. His departure will be a further embarrassment to Rajoy, whose minority government is mired in several high-profile corruption scandals. ...
Another Uber executive quits but losses improve image
Source : BBC [Read Article] Thursday 1st of June 2017 11:41:41 AM
.... . In recent months Uber has been shaken by scandals, high-profile sackings and allegations of sexism. ...
Brazil meat-packing giant JBS to pay record $3.2bn corruption fine image
....2bn; £2. 4bn) fine for its role in Brazil's corruption scandals. ...
EU targets lawyers and accountants in tax-avoidance clampdown image
Source : Guardian [Read Article] Tuesday 30th of May 2017 06:24:16 PM
. Brussels is preparing to crack down on accountants and lawyers running tax-avoidance schemes in response to the Panama Papers scandal that showed how the rich and powerful hide their money. ...
Couriers on Britain's shopping addiction: 'Customers don't care as long as it's cheap' image
....Others have given evidence to MPs, who, in recent months, have launched multiple inquiries into the industry, which is part of Britain’s ever-widening “gig economy” of flexible and insecure self-employment. This month, Matthew Taylor, the former Downing Street policy chief appointed by Theresa May to review modern working practices, warned: “Persistent scandals of bad working conditions, poor legal safeguards and job insecurity suggest that bad work is all too common. ...
EU moves to crack down on carmakers in wake of VW emissions scandal image
....The European Union has moved towards cracking down on carmakers who cheat emissions tests by giving the EU executive more powers to monitor testing and impose fines. The European council overcame initial objections from Germany and agreed to try to reform the system for approving vehicles in Europe in the wake of the Volkswagen emissions scandal. ...
SFO delays decision again on charging Barclays over 2008 fundraising image
....At one point there had been expectations that Barclays would be offered a deferred prosecution agreement – a form of settlement – although this no longer appears to be on the cards. Earlier this year, Rolls-Royce paid £671m to settle its case with the SFO while Tesco paid a fine of £129m as part of a DPA over an accounting scandal. ...
German police raid Daimler offices image
Source : BBC [Read Article] Tuesday 23rd of May 2017 02:02:06 PM
.... . Just to be clear: since the Volkswagen scandal broke 18 months ago, no other manufacturer has yet been found to have deliberately designed "defeat devices" with the sole purpose of deceiving emissions testers. ...
Church of England made stunning 17% return on investments in 2016 image
Source : Guardian [Read Article] Sunday 21st of May 2017 01:08:44 PM
....A focus on ethical investing has long been part of the body’s mandate, although some of its investment picks have still provoked debate. In 2012, it sold its shares in Rupert Murdoch’s media group after the phone-hacking scandal. ...
Five minute guide to investing in the UK's big banks image
Source : Daily Express [Read Article] Sunday 21st of May 2017 12:01:00 AM
....”. RBS still does not pay any dividends and investors will want to see improved profits and an end to scandals before parting with their money, he adds. ...
Brazil's stock market plunges after corruption claims image
Source : BBC [Read Article] Thursday 18th of May 2017 04:31:38 PM
....Stocks plunged more than 10% at the start of trading, prompting circuit breakers to kick in and halt dealings. President Temer was forced to deny a newspaper report that he had given consent to paying off a witness in a huge corruption scandal. ...
Score the best mortgage deals, plus the facts about the pensions triple lock image
....Leasehold now the No 1 concern for UK homeowners, study finds. Taylor Wimpey compensation offer is PR con, claim victims of leasehold scandal. ...
FTSE 100 sinks while pound jumps image
Source : BBC [Read Article] Thursday 18th of May 2017 08:41:00 AM
....53%. "Stocks are sliding again today as traders are still spooked by the latest scandal surrounding Donald Trump," said David Madden, market analyst at CMC Markets UK. ...
VW emissions: bosses face investigation over claims they misled investors image
....The Volkswagen chief executive and his predecessor are facing an investigation by German authorities into whether they misled investors by not releasing information about the company’s cheating on diesel emissions tests soon enough. Prosecutors in Stuttgart yesterday formally launched their case against Matthias Müller and his predecessor Martin Winterkorn, who resigned as VW chief executive when the diesel emissions scandal broke in September 2015. ...
VW chief Matthias Mueller probed over emissions scandal image
Source : BBC [Read Article] Wednesday 17th of May 2017 09:57:50 AM
. Prosecutors in Stuttgart say they are investigating the chief executive of Volkswagen, Matthias Mueller, in connection with the emissions scandal that erupted at the firm in late 2015. ...
Lloyds claims taxpayers have made £900m profit from bailout image
Source : Guardian [Read Article] Wednesday 17th of May 2017 07:37:15 AM
....While the takeover of HBOS is often blamed for the enlarged bank’s problems, Lloyds’ finance director, George Culmer, said the mis-selling of payment protection insurance was also a major issue that required action “right across the bank”. Finalising the bill for that PPI scandal – which has already topped £17bn – and paying compensation to victims of the HBOS Reading scandal are among the issues facing Lloyds. ...
Share sale returns Lloyds to private sector image
Source : BBC [Read Article] Tuesday 16th of May 2017 04:54:38 PM
.... About 57,000 jobs have been cut at Lloyds as it returned to profitability. The EU also forced the bank to sell 600 branches due to competition rules and £17bn was set aside to fund PPI misselling - the biggest bill for any of the banks caught up in the scandal. ...
Lloyds reaches landmark as government sells final shares image
Source : Guardian [Read Article] Tuesday 16th of May 2017 04:45:44 PM
....6bn cost of borrowing the bailout funds, the bank’s chief executive, António Horta-Osório, told last week’s annual general meeting that the government would make at least £500m from its investment in Lloyds. The chief executive will now face questions about whether he intends to stay on at the bank, which he joined in 2011 and immediately started to tackle the payment protection insurance mis-selling scandal which has cost Lloyds more than £17bn. ...
General election 2017: Workers' rights protections promised by Tories image
....There would also be statutory leave for parents whose child has died. Other measures would include new protections for people in the "gig economy", a statutory right to training, measures to protect workers' pensions in the wake of the BHS scandal, and a guarantee that European Union rights will be protected in the Brexit process. ...
Troubled Toshiba misses annual results deadline image
Source : BBC [Read Article] Monday 15th of May 2017 04:54:42 AM
.... . An accounting scandal, uncovered in 2015, led to the resignation of several members of the firm's senior management, including the chief executive, after the company was found to have inflated the previous seven years' profits by $1. ...
Taylor Wimpey compensation offer is PR con, claim victims of leasehold scandal image
....Taylor Wimpey last month offered £130m to buyers trapped in new-build homes with spiralling ground rent contracts. It was a move initially greeted with glee by victims of the leasehold scandal. ...
Tesco chief executive Dave Lewis sees pay fall 10% image
Source : BBC [Read Article] Friday 12th of May 2017 02:48:01 PM
....25m and will stay flat this year. The chief executive has been guiding Tesco through a major turnaround since its 2014 accounting scandal, in which profits were overstated by £326m. ...
Chapter closed? image
Source : BBC [Read Article] Friday 12th of May 2017 07:01:27 AM
Snap plunges as Wall Street loses ground image
Source : BBC [Read Article] Thursday 11th of May 2017 08:47:45 PM
....Bank stocks were weighed down by Wells Fargo, which fell nearly 2% after investors were underwhelmed by a cost-cutting plan unveiled on Thursday. The bank, which has been rocked by a a fake account scandal, failed to convince investors it was now on the right path. ...
BT deserves credit – clawing back boss's bonus is common sense | Nils Pratley image
.... It has awarded no bonus to chief executive Gavin Patterson and the outgoing finance director. It has clawed back bonuses from both men for past years because the Italian scandal caused a £268m overstatement of profits. ...
Lloyds chief says taxpayer to make £500m on bank rescue image
Source : BBC [Read Article] Thursday 11th of May 2017 04:26:56 PM
....". However, the bank still has to deal with the aftermath of a £245m money laundering scandal that was uncovered at its Reading office which led to the jailing of two former employees. ...
BT chief's pay package slashed by £4m over Italian accounting scandal image
. Telecoms group BT has slashed its chief executive’s pay package by £4m as a result of an accounting scandal and revealed it is to axe 4,000 jobs worldwide. ...
BT to shed 4,000 jobs in new overhaul image
Source : BBC [Read Article] Thursday 11th of May 2017 06:30:14 AM
....The telecoms giant said the job cuts would fall on back-office and managerial sectors as it simplifies its Global Services operations. The shake-up follows an accounting scandal at the Italian part of Global Services that cost BT more than £500m. ...
Noel Edmonds seeks £50m damages for HBOS fraud image
Source : BBC [Read Article] Wednesday 10th of May 2017 06:10:09 PM
.... . The Deal or No Deal host claimed he has suffered "deep distress and public humiliation" because of the scandal. ...
Investors should get a bigger say on executive pay, says IoD image
Source : Guardian [Read Article] Wednesday 10th of May 2017 06:25:49 AM
....A report by the committee, published last month, said executive pay had been “ratcheted up” to the point where there is no credible link between earnings and performance. It said faith in corporate governance had been shaken in the wake of scandals such as that involving Sir Philip Green and the BHS pension fund, and has called for businesses to simplify the structure of executive pay and put an end to long-term incentive plans. ...
UK firms struggle to find employees – even before Brexit bites image
Source : Guardian [Read Article] Tuesday 9th of May 2017 05:01:52 AM
....He will say: “Over recent decades, government work policy has focused primarily on getting people into jobs with, as current record employment levels attest, considerable success. Yet persistent scandals of bad working conditions, poor legal safeguards and job insecurity suggest that bad work is all too common. ...
'Block Fox bid for Sky', says ex-guest claiming harassment image
....The British media regulator, Ofcom, is examining whether it is in the public interest for the Murdoch-owned company to take full ownership of Sky, of which it already owns 39%. A previous bid from the Murdochs to buy Sky was abandoned after a scandal over phone hacking at Murdoch-owned newspapers. ...
What’s it like to lose £350m? A rogue trader confesses image
Source : Guardian [Read Article] Sunday 7th of May 2017 08:00:27 AM
.... Now he has written Barometer of Fear, a book about his experiences. Or rather, he has written a book that touches on his experience, but is rather more concerned with institutional wrongdoing, such as the Libor scandal. ...
Breaking brands image
Source : BBC [Read Article] Saturday 6th of May 2017 11:46:31 PM
....Both the German car giant Volkswagen and South Korean mobile phone maker Samsung have been mired in controversy in recent times. VW is still dealing with its diesel emissions scandal, and Samsung has had to face overheating phone batteries. ...
Employment agency Transline and the art of alternative facts image
Source : Guardian [Read Article] Saturday 6th of May 2017 10:49:09 AM
. Transline, the temporary recruiter that became embroiled in the Sports Direct scandal, is many things to many different audiences. ...
Three cheers Nationwide for bloodying housebuilder noses image
Source : Guardian [Read Article] Saturday 6th of May 2017 06:00:56 AM
....Overnight, Nationwide building society has made hundreds, and possibly thousands, of new-build flats and houses almost unsaleable – and they should be roundly applauded for doing so. In a surprise intervention into the scandal of leasehold flats and houses sold with spiralling ground rents, the society said that from this Thursday it will stop lending against any new-build leasehold flat or house where the ground rent is more than 0. ...
HSBC chairman Douglas Flint recalls the good, the bad and the scandalous image
....He was there during the bank’s global “dash for growth” – when it bought US subprime lender Household in 2002 and the private bank Republic New York in 1999. And he was still there when those deals unravelled, and for all the scandals that followed. ...
Bill O’Reilly accuser to meet Ofcom as Fox News scandal threatens Sky deal image
. One of the women accusing former Fox News presenter Bill O’Reilly of sexual harassment is to meet Ofcom next week, as the growing scandal at Rupert Murdoch’s US media empire threatens its proposed takeover of Sky in Europe. ...
Energy bills: How YOU could save hundreds by NOT listening to this advice image
Source : Daily Express [Read Article] Thursday 4th of May 2017 01:28:00 PM
....The UK Green Building Council said companies should be make to guarantee the energy use they have predicted and face fines if these are breached. It told the Times: "In any other industry, failing to deliver products that perform as expected would be a scandal. ...
Swiss 'spied inside German ministry' in tax scandal image
Source : BBC [Read Article] Thursday 4th of May 2017 11:22:21 AM
....NRW Finance Minister Norbert Walter-Borjans voiced alarm (text in German) over the latest revelations. "The scandal reaches new proportions when spies sign up informers in the finance administration, in order to spy on successful NRW tax investigators and play into the hands of people who make billions in profit at the expense of society," he said. ...
KPMG's audits of Rolls-Royce accounts probed by regulator image
Source : BBC [Read Article] Thursday 4th of May 2017 08:31:07 AM
....". The agreements relate to bribery and corruption scandals involving intermediaries in overseas markets such as Indonesia and China. ...
TV's got talent: top jobs in UK broadcasting up for grabs image
Source : Guardian [Read Article] Thursday 4th of May 2017 06:29:22 AM
....If 21st Century Fox completes its £11. 7bn takeover of Sky this year – which has become far less certain as Rupert Murdoch’s US empire becomes embroiled in scandal – then the odds are that Darroch is also likely to depart. ...
Volkswagen Group profits soar after cost cuts image
Source : BBC [Read Article] Wednesday 3rd of May 2017 10:41:07 AM
....Investors have said a turnaround at VW's namesake brand, which has had high fixed and research and development costs, is key to turning it into a more appealing business, although VW last year overtook Toyota as the world's biggest selling carmaker. Since the VW diesel emissions scandal broke in 2015, the group has made a number of structural changes. ...

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