During Greensill’s accreditation to CLBILS in May 2020, the Bank reiterated to Greensill the scheme rules around group lending, saying that, as an illustrative example, “British Steel would be one group with a £50m limit, and it is not a £50m facility limit per subsidiary”,” the NAO said.
Holidaymakers are being warned about a rise in scams where fake social media accounts are used to impersonate airlines....
Mr Skou estimated that approximately 300 large container ships around the world are sitting waiting outside ports. Almost 80...
At least 40% of energy giant E.ON’s customers will go into fuel poverty as prices rise this year, the...
Jonathan Brearley, chief executive of Ofgem, said: “We know this rise will be extremely worrying for many people, especially...
Pete Terry, managing director of Disco Bowl, which owns a chain of bowling alleys across the UK, including in...
Barclays, meanwhile, is challenging a ruling that it unfairly paid commission to a car finance broker. When the FCA...
This Contingent Reimbursement Model Code – or CRM – means that banks should refund victims, if they are not...
The Bank of England has opened the door to cutting interest rates in August in what would be the...
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