Culture secretary John Whittingdale unveils green paper to look at future of BBC funding July 16, 2015 Culture secretary John Whittingdale has unveiled a green paper on the future of the licence fee, suggesting it could become a household levy of a subscription service in the long term. This comes as an independent review headed by David Perry QC found it should still be a criminal offence to not hold a TV [...]
Day of reckoning for besieged FIFA May 27, 2015 ▪ Seven officials arrested as criminal proceedings brought ▪ The presidential election will take place as planned WORLD governing body Fifa was in unprecedented turmoil last night after a day of drama and intrigue saw seven serving officials of the scandal-ridden organisation arrested in Switzerland on corruption charges. Dawn raids of the five-star Baur au [...]
We should be proud of our City – and what it contributes to UK society July 19, 2015 The City has had an action-packed fortnight, stuffed with events that each had a very different focus and a very different meaning. On 7/7, the whole country paused to reflect on the bombings of 2005. Sombre yet inspiring services were held across the UK, including at St Paul’s Cathedral, which provided opportunities to honour those [...]
Police question Fifa officials on Qatar 2022 and Russia 2018 World Cup voting May 27, 2015 Swiss police are questioning 10 Fifa officials over the controversial award of the 2018 and 2022 World Cups to Russia and Qatar respectively. Electronic data and documents were seized from Fifa's Zurich headquarters on Wednesday morning, after six Fifa officials were arrested on behalf of a separate investigation from the US Department of Justice. Swiss [...]
Ferguson shooting: London protesters planning to demonstrate outside US embassy November 25, 2014 Protesters are planning to descend on the US embassy in London's Grosvenor Square, Mayfair tomorrow night, to demonstrate the decision not to indict a Ferguson police officer for killing Michael Brown. Brown was shot dead in the Missouri town, near St Louis, in August. He was 18 years old and unarmed, and his death [...]
Morrisons ex-treasuer and head of tax Paul Gerard Coyle charged with insider trading over Ocado shares September 29, 2014 A former treasurer and head of tax for Morrisons has been charged with insider dealing in relation to Ocado share trading. Paul Gerard Coyle has been charged by the Financial Conduct Authority with two counts of insider dealing related to trading shares in the online grocery delivery service between February and May 2013. A £200m partnership between [...]
New Year Honours List 2015: James Caan, Brent Hoberman, Julie Deane and the other entrepreneurs receiving recognition December 31, 2014 It's that time of year again: the Queen's New Year Honours list shows which of the UK's finest will don a hat for a trip to Buckingham Palace. And although Esther Rantzen and Sheridan Smith are among the big names on the list, a host of entrepreneurs have been recognised, including some of the UK's [...]
Citigroup reveals it could plead guilty in Forex investigation May 11, 2015 Citigroup has said it could plead guilty to antitrust charges relating to Forex manipulation. The US bank is one of six being investigated by the Department of Justice (DOJ), over claims that employees colluded to change foreign exchange rates to boost their own profits. They are accused of sharing confidential information about clients [...]
Drug legalisation: What was learned from Colorado’s marijuana experiment October 28, 2014 It's almost two years since the US state of Colorado voted to legalise the recreational use of marijuana. With several US states set to vote on similar initiatives and the debate surrounding the war on drugs more raging more furiously than, the Cato Institute, a Washington think tank, has released a paper examining the effect [...]
Fifa crisis: Barclays, HSBC and Standard Chartered to launch internal review following FBI investigation May 31, 2015 Barclays, HSBC and Standard Chartered are all believed to have launched internal investigations into their role in the Fifa corruption scandal that has engulfed world football this week. The British banks were all named in the US Department of Justice's (DOJ) lawsuit against 14 people – including nine Fifa officials – for racketeering, wire fraud and [...]