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London Capital & Finance
Chair of LCF borrower reaches settlement in ‘Ponzi scheme’ lawsuit
...Lawyers acting for Thomson told the court at the start of the proceedings last month that he denied “every claim against him”....
March 22, 2024
Signa Holding
Signa creditors push to oust management over property fire sale fears
...Signa Development creditors have also formally petitioned for an independent administrator to take control of the company....
February 28, 2024
FT Live
Financial Adviser Service Awards 2024
Who gives you 5 star service?
Thursday, 14 NovemberNatural History Museum, Cromwell Road, London, UK
Signa Holding
Signa moved more than €300mn to René Benko-linked entities before insolvency
...Development creditors — which include dozens of European banks, owners of profit participation notes bondholders and third-party shareholders — were blindsided by disclosures in November about the company’s health...
January 25, 2024
Utilities
UK updates water company insolvency laws amid fears over sector’s finances
...services can be kept running....
January 25, 2024
Pharmaceuticals sector
EU outlines plan to avert shortages of more than 260 critical medicines
...Didier Reynders, the EU’s acting competition commissioner, told the European Health Summit in Brussels last week that he was open to permitting subsidies for new manufacturing facilities....
December 12, 2023
NMC Health PLC
UK regulator drops market abuse probe into former NMC Health boss
...UK regulators have ended a three-year investigation into the former boss of NMC Health, the FTSE 100 company that collapsed in 2020 after an alleged multibillion-dollar fraud....
July 24, 2023
FT Live
FTWeekend Festival: U.S. edition
Where the Financial Times weekend paper comes to life
Saturday, 4 MayThe REACH, at the Kennedy Center for the Performing Arts, F Street Northwest, Washington, DC, USA
Cryptocurrencies
Crypto hedge fund accused of ‘criminal’ mismanagement in dispute over FTX
...FTX’s administrators have since abandoned plans to revive the defunct exchange....
February 20, 2024
News in-depthCryptocurrencies
‘Starkly fraudulent’ Scottish scheme revealed in crypto laundering case
...Gillian Jones KC, acting on behalf of the Crown Prosecution Service, told the jury that the Scottish land investment Burke offered to Wen “stands out starkly as being something that’s fraudulent”....
March 26, 2024
Pilita Clark
ChatGPT essay cheats are a menace to us all
...Consider the prospect of allegedly expert graduates heading out into the world and being recruited into organisations, be it a health service or a military, where they are put into positions for which they...
April 14, 2024
Personal pensions
Pension savers pushed to ‘edge of despair’ over company collapse
...After pressure from Sipp holders’ lawyers, the Financial Services Compensation Scheme, the safety net for customers of failed firms, confirmed it would step in to cover the administrator’s charges, now estimated...
February 10, 2024
London Capital & Finance
London Capital & Finance ran ‘Ponzi’ scheme, court told
...Lawyers acting for Thomson said he denied “each and every claim against him”. In written submissions they said that LCF “did not engage in any illegitimate business activities . . ....
February 19, 2024
Adam Tooze
Vaccine investment is a no-brainer — so why aren’t we doing it?
...Measured by cost of a life saved, vaccines are far cheaper, more direct and fast acting than climate policy. This is not to play off global public health against climate policy....
March 30, 2024
National Health Service
Nearly one in 10 NHS staff sexually harassed at work
...Alan Lofthouse, acting deputy head of health at the union Unison, said the number of sexually motivated incidents was “shocking”, adding: “Employers need to do more to ensure everyone working in the NHS,...
March 7, 2024
Serious MoneyClaer Barrett
Banks need to wake up to powers of attorney demands
...What’s more, the level of service — or lack of it — varied drastically from bank to bank....
February 21, 2024
Eurozone economy
Eurozone downturn eases despite German factory decline, survey finds
...The downturn in the eurozone’s struggling economy is easing, according to a closely tracked business survey, which found a stabilisation of activity at services companies offset a steep decline in manufacturing...
February 22, 2024
FT Live
Evolving retirement strategies in an ever-changing world
What new regulatory developments mean for IFAs
Tuesday, 30 April1 Friday Street, London
Special ReportNavigating Cyber Risk
Cyber attacks are one of the biggest threats facing healthcare systems
...The UK’s National Health Service has been hit by significant ransomware attacks....
January 16, 2024
Royal Philips NV
Philips halts sleep apnoea device sales in US after FDA deal
...The company began recalling certain machines in 2021 because of potential health risks caused by the disintegration of noise-dampening foam inside them....
January 29, 2024
News in-depthHaiti
The gangster named ‘Barbecue’ who controls Haiti’s violent slums
...Each gang operates behind invisible frontiers in the slums, ruling them like fiefdoms, giving out food and granting non-governmental organisations — which are often the administrators of basic services in...
March 8, 2024
Israel-Hamas war
Palestinians across Middle East face ‘catastrophe’ with UN agency’s cash crunch
...In recent weeks, UNRWA has met Palestinian camp civilian administrators to warn them....
March 4, 2024
UK economy
UK wage growth expectations fall to 2-year low
...Separate figures published on Thursday showed that the final UK S&P services purchasing managers’ index, a measure of the health of the services sector, was 53.1 in March....
April 4, 2024
ReviewTelevision
Slow Horses series 3 — spy comedy returns with scabrous humour and polished plotting
...That we find the veteran spy being rude in a health clinic is less surprising than the fact that he’s actually in pretty rude health....
November 29, 2023
News in-depthPolitical espionage
Case of alleged Russian spy offers a glimpse of shadowy world of intelligence
...C2’s life began to unravel in 2019, when British security services began to question him about his Russia ties....
February 10, 2024
Amazon.com
Amazon expands healthcare push with One Medical benefits for Prime members
...good job”, said Neil Lindsay, senior vice-president of Amazon Health....
November 8, 2023
FT MagazineGillian Tett
Long Covid and learning from past trauma
...This has wider lessons for other traumas, says John Howard, administrator of the World Trade Center Health Program....
August 30, 2023
UK Inequality
UK government faces multibillion pound bill over pension inequality
...In an interim report published in 2021, it found specific instances in 2005 and 2006 of the department “not acting properly or providing poor service”....
March 21, 2024

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