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Banks defy watchdog Financial Conduct Authority’s plea – and just carry on shutting branches By Jeff Prestridge, Financial Mail on Sunday Published: 21:50 GMT, 30 January 2021 | Updated: 13:17 GMT, 31 January 2021 The City regulator’s call for banks to reconsider their decision to axe branches during lockdown has fallen on deaf ears. Barclays, … Read more
The failings of City watchdogs is not a tremendously festive subject, but it is an important one. Andrew Bailey, the Governor of the Bank of England, has been in the firing line over the collapse of a firm called London & Capital Finance, which went under while he was chief executive of the Financial Conduct … Read more
UK watchdogs to have final say on £31bn merger between the firms behind O2 and Virgin Media By City & Finance Reporter for the Daily Mail Published: 21:18 GMT, 19 November 2020 | Updated: 21:18 GMT, 19 November 2020 UK watchdogs will get the final say in a £31 billion merger between the firms behind … Read more
Amigo shares sank after it was told it will not be able to pay any bonuses or dividends without the City watchdog’s permission. The Financial Conduct Authority (FCA) will require Amigo Loans, which has been branded a ‘legal loan shark’ by MPs, to obtain its approval before transferring any assets out of the group. The … Read more
Whitehall’s army of 180 diversity watchdogs: Mandarins slammed for wasting money on ‘non-jobs’ with one MoD role going for £110,000 a year 180 diversity officers are employed across nine Government departments Cabinet Office has 66 employees with ‘equality, diversity, inclusion, gender, LGBT or race’ in job title Ministry of Defence seeking diversity and inclusion director, … Read more
Press watchdog’s offshoot funds website accused of publishing conspiracy theories about terror attacks – including one suggesting MI5 may have arranged the murder of British soldier Lee Rigby Public Interest News Foundation (PINF) handed grant to 5Pillars this year 5Pillars ran pieces questioning MI5’s alleged links to murder of Lee Rigby in 2013 PINF is … Read more