Netanyahu wants to kill the US-Iran nuclear deal: Obama must not let him March 9, 2015 For all the clouds of controversy that perpetually swirl around him, Israeli Prime Minister Binyamin Netanyahu possesses two great qualities that wholly elude the timid and colourless European leaders I am fated to spend so much of my time writing about: he has a gambler’s heart and he is eloquent. Both these admirable traits were [...]
London’s top six Airbnb rentals April 22, 2014 New York Attorney General Eric Schneiderman really doesn’t like Airbnb. He’s meeting the holiday rental company in court today, as Schneiderman wages war on what he describes as “illegal sublets” which appear on the site. Airbnb has already removed thousands of New York-based lets in a bid to appease Schneiderman, who has issued a [...]
Europe starts lawsuit against Britain over pollution failings February 20, 2014 EUROPE is taking Britain to court for failing to tackle unacceptably high levels of pollution. The European Commission has complained that the UK has not set out a plan to improve levels of toxic nitrogen dioxide in its cities, despite being granted an extension until 2015 to sort out the problem. London will not be [...]
What the other papers say this morning – 20 May 2014 May 19, 2014 FINANCIAL TIMES EU banks face debt sale clampdown European regulators are seeking to clamp down on the sale of debt by banks to their own retail customers, amid fears savers do not realise the risks posed by such assets. The European Banking Authority is concerned about the sale of bank debt that could be bailed [...]
Game’s landlords win key case on rent owed by collapsed firms February 24, 2014 COLLAPSED retailers must pay to use their shops even if the rent bill was due before they failed, the Court of Appeal said yesterday, marking a major change to the way retail administrations are handled. Landlords for Game Group, which filed for administration the day after its quarterly rent was due in March 2012, are [...]
Game’s court case sees “pay as you stay” introduced February 24, 2014 The Court of Appeal has made a big change to the way retail administrations are handled, deciding that landlords should be paid even when the company has collapsed just after receiving a rent bill. The test case involved Game Group, which filed for administration the day after its quarterly rent was due in March 2012, [...]
What today’s Court of Appeal ruling means for FCA prosecutions May 21, 2014 Today’s ruling in the UK’s Court of Appeal has overturned the decision of a lower court to effectively halt a fraud prosecution pursued by the Financial Conduct Authority (FCA). The regulator has applauded the ruling, stating that it “is committed to pursuing criminal action in appropriate cases” and is “pleased that this case can now [...]
What today’s Court of Appeal ruling means for FCA prosecutions May 21, 2014 Today's ruling in the UK's Court of Appeal has overturned the decision of a lower court to effectively halt a fraud prosecution pursued by the Financial Conduct Authority (FCA). The regulator has applauded the ruling, stating that it "is committed to pursuing criminal action in appropriate cases" and is "pleased that this case can now [...]
Highest court throws out legal challenge to High Speed Two January 22, 2014 CAMPAIGNERS against High Speed Two have lost their final legal appeal in the UK after two years of fighting the rail project in the courts – though one group pledged to appeal to the European authorities. Transport minister Baroness Kramer said the unanimous decision in the Supreme Court yesterday “fully vindicated” the government’s work on [...]
Ecclestone board exit heads off threat to F1 future of Mercedes January 23, 2014 THE FUTURE of Lewis Hamilton’s Mercedes team has been secured by Bernie Ecclestone’s exit from the board of Formula One last week. Ecclestone’s involvement in a bribery row had been tipped to force Mercedes out of the sport as the carmaker’s parent company Daimler’s statutes declare it “does not tolerate the immoral or corrupt practices [...]