City merchants wrongly convicted following the financial crisis spoke of their decade battle for justice, saying that they were scapegoats. Tom Hayes was the first of the nine merchants to continue by the Serious Fraud Office. In 2012, he was accused of Libor’s rigging – an interest rate on loans and financial contracts that was … Read more
The British paying dog should be abolished as part of a purge of beaten regulators in Whitehall. Sky News learned that ministers and civil servants examine whether the payment systems regulator (PSR) must be removed and fold it into the Authority Conduct (FCA). A decision should be made in principle in a few weeks, although … Read more
Manchester United football club will cut the funding it provides to its charitable arm as part of a cost purge overseen by Sir Jim Ratcliffe, its new billionaire shareholder. Sky News has learned that the Premier League club plans to inform the Manchester United Foundation of its intention to cut the benefits it offers – … Read more