Victims of the LC&F scandal to get most of their money back as Treasury announces £120m compensation fund By Lucy White For The Daily Mail Published: 21:50 BST, 19 April 2021 | Updated: 21:50 BST, 19 April 2021 Victims of the London Capital & Finance savings scandal have hailed a ‘hallelujah moment’ after the Government … Read more
Compensation scheme: LCF situation is ‘unique and exceptional’ says the Treasury The Treasury has announced plans to hand £120million in compensation to around 8,800 mini-bond investors who lost out in the collapse of London Capital & Finance. The creation of the compensation scheme – which will require legislation – is due to the ‘unique and exceptional nature … Read more
Compensation scheme: LCF situation is ‘unique and exceptional’ says the Treasury The Treasury has announced plans to hand £120million in compensation to around 8,800 mini-bond investors who lost out in the collapse of London Capital & Finance. The creation of the compensation scheme – which will require legislation – is due to the ‘unique and exceptional nature … Read more
Big buckets corporation: BBC Wales’ £120m headquarters in Cardiff has a leaky roof just weeks after opening (and low-tech fix) The home of BBC Wales took four years to complete and opened two weeks ago BBC bosses insisted the move into Cardiff would save money in the long-term The new £120million BBC headquarters has a … Read more
Netflix CEO Reed Hastings and his wife, Patty Quillin, announced Wednesday that they will donate $120 million to support scholarships at historically black colleges and universities. The donation, the largest of its kind, will be split between Spelman College, Morehouse College and the United Negro College Fund, which will each receive $40 million. Calling it … Read more
Burberry becomes latest blue-chip company to cancel dividend in attempt to absorb £241m hit from pandemic By Tom Witherow For The Daily Mail Published: 22:05 BST, 22 May 2020 | Updated: 22:05 BST, 22 May 2020 Tough times: The luxury retailer ditched a payout worth £120m Burberry became the latest blue-chip company to cancel its … Read more