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Credit firms warned over adverts

Credit firms warned over adverts FCA cautions against adverts for high-cost, short-term credit which don’t display risk warning or representative APR Press Association | The Guardian, Thursday 14 August 2014 Companies that offer consumer credit such as payday lenders, debt management firms and brokers must do more to make sure their advertising does not mislead… Continue Reading

United Kingdom: Charitable Companies Facing Financial Difficulties: A Refresher

United Kingdom: Charitable Companies Facing Financial Difficulties: A Refresher 11 August 2014 | Michael Arnott |Farrer & Co There had been much talk of an economic recovery since the start of 2014.  GDP is up; property prices keep rising; and there’s even a chance that interest….” http://www.mondaq.com/article.asp?articleid=333854&email_access=on

Libor to FX Cases Drive Surge in Teamwork With Regulators

Libor to FX Cases Drive Surge in Teamwork With Regulators By Suzi Ring – Aug 10, 2014 Britain’s financial markets regulator saw requests for assistance from agencies around the world jump 14 percent last year as investigations are increasingly global, according to a law firm study. The Financial Conduct Authority received….” http://www.bloomberg.com/news/print/2014-08-10/libor-to-fx-cases-drive-surge-in-teamwork-with-regulators.html

Debt Line Topco bought for £3m

Debt Line Topco bought for £3m 11 Aug 2014 | INSIDER MEDIA LIMITED A Bournemouth-based debt and legal services provider has been acquired by a North West-headquartered counterpart. Debt Line Topco Ltd, a debt services provider focusing on debt management plans (DMPs) with more….” http://www.insidermedia.com/insider/south-west/121043-3m-acquisition-fairpoint?utm_source=southwest_newsletter&utm_medium=deals_article&utm_campaign=southwest_news_tracker

Administrators in battle to save Fantasy Island

Administrators in battle to save Fantasy Island 07 Aug 2014 A 41-acre seaside family resort and theme park which at its peak attracts 40,000 visitors a day has called in administrators from Duff & Phelps. Fantasy Island, in Ingoldmells….” http://www.insidermedia.com/insider/midlands/120910-business-usual-fantasy-island-administrators-appointed?utm_source=eastmidlands_newsletter&utm_medium=top_story_article&utm_campaign=eastmidlands_news_tracker

Up to 65,000 students may have to repay loans sooner

Up to 65,000 students may have to repay loans sooner Details of university plans also reveal no government money has been allocated to commonwealth scholarships Daniel Hurst, political correspondent | theguardian.com, Monday 11 August 2014 About 65,000 people could be forced to start repaying their student loans sooner as part of the Abbott government’s plan… Continue Reading

Disgraced councillor Tony Ramsden appeals Porsche driving conviction

Disgraced councillor Tony Ramsden appeals Porsche driving conviction Saturday 9th August 2014 A BANKRUPT former councillor caught driving a Porsche without insurance after his release from prison has appealed to have the conviction overturned. Anthony Ramsden-Geary,….” http://www.bournemouthecho.co.uk/news/11399005.Disgraced_councillor_Tony_Ramsden_appeals_Porsche_driving_conviction/

Co-op adopts Lord Myners reforms

Co-op adopts Lord Myners reforms Alex Lawson | Friday 08 August 2014 | THE INDEPENDENT The Co-op has formally adopted the reforms proposed by former City minister Lord Myners which will attempt to prevent situations such as last year’s surprise £1.5 billion hole….” http://www.independent.co.uk/news/business/news/coop-adopts-lord-myners-reforms-9655944.html

Britain’s troubled Co-op Group proposes far-reaching reforms

Britain’s troubled Co-op Group proposes far-reaching reforms Reuters | 08 AUGUST 2014 | ECONOMIC TIMES LONDON: The Co-op Group, Britain’s largest mutual organisation, has put forward detailed proposals for far-reaching governance reforms that it has said are necessary to secure its future. The supermarkets-to-funerals group agreed….” http://articles.economictimes.indiatimes.com/2014-08-08/news/52594084_1_reforms-co-op-group-proposed-changes

Oxford Fleet Management Ltd v Brown & Anor [2014] EWHC B19 (Ch) (24 March 2014)

Oxford Fleet Management Ltd v Brown & Anor [2014] EWHC B19 (Ch) (24 March 2014) BAILII Citation Number: [2014] EWHC B19 (Ch) Case No: 2L530557 IN THE HIGH COURT OF JUSTICE, CHANCERY DIVISIONLEEDS DISTRICT REGISTRY The Courthouse1 Oxford RowLeedsLS1 3BG 24th March 2014 B e f o r e : HIS HONOUR JUDGE SAFFMAN____________________ Oxford… Continue Reading