Tycoons whose firm fitted Grenfell Tower with flammable cladding and ‘stretched the truth’ about tower’s fire safety cash in £123 MILLION shares Directors at Kingspan sold three million shares ahead of the Grenfell hearing The company is accused of selling hazardous building products to contractors Chairman and founder Eugene Murtagh sold shares worth some £76 … Read more
Tycoons whose firm fitted Grenfell Tower with flammable cladding and ‘stretched the truth’ about tower’s fire safety cash in £123 MILLION shares Directors at Kingspan sold three million shares ahead of the Grenfell hearing The company is accused of selling hazardous building products to contractors Chairman and founder Eugene Murtagh sold shares worth some £76 … Read more
As we know from Carillion, Arcadia-Top Shop owner Taveta and other recent corporate imbroglios, a line-up of seemingly robust independent directors does not stop businesses going wrong. Powerful executives at Carillion published misleading financial reports before it headed into insolvency. Sir Philip Green, who decorated his board with respected business and legal figures, still sold … Read more
Amigo forced to ask for City watchdog’s approval to pay out cash to shareholders and directors Amigo has entered a Asset Voluntary Requirement (VReq) with the FCA The FCA uses VReq when they suspect ‘serious misconduct’ and ‘and harm needs to be prevented immediately’ By Camilla Canocchi for Thisismoney.co.uk Published: 10:39 BST, 19 October 2020 | … Read more
Former G4S directors charged with with defrauding the Ministry of Justice in electronic tagging scandal By Daily Mail City & Finance Reporter Published: 22:39 BST, 8 September 2020 | Updated: 23:04 BST, 8 September 2020 Charged: Richard Morris, the former managing director of G4S Care and Justice Services Three former G4S employees have been charged … Read more
A haunting film showing children on a beach in Victorian England 124 years ago has been restored using artificial intelligence. Remarkable new details about ‘The Shrimp Fishermen’ emerged following work that converted the grainy 50 second clip into high-resolution colour 4k digital footage. Now that even the background is so clear, there is a prospect … Read more
High Court judge paves way for administrators to sue four directors connected to London Capital & Finance savings scandal By Lucy White For The Daily Mail Published: 23:46 BST, 25 August 2020 | Updated: 23:46 BST, 25 August 2020 A High Court judge has paved the way for administrators to sue four directors connected to … Read more
DIRECTORS’ DEALS: Investments boss at AIM-listed venture capital firm TMT Investments buys £2.9m worth of stock By Daily Mail City & Finance Reporter Published: 21:50 BST, 17 July 2020 | Updated: 22:07 BST, 17 July 2020 The head of investments at AIM-listed venture capital firm TMT Investments spent £2.9million snapping up stock. Entrepreneur Artemii Iniutin … Read more
Failed directors are let off hook under bankruptcy law’s radical shake-up By Dan Atkinson For The Mail On Sunday Published: 22:32 BST, 4 July 2020 | Updated: 22:51 BST, 4 July 2020 A radical shake-up to bankruptcy law last week allows directors at failed firms to remain in charge – and will shield them from … Read more
Left in the lurch: Kate Solomons’s small business has dried up in the crisis Small business owners have been forced to raid personal savings to prop up their cash-starved companies – 100 days after lockdown began. Back in March, Chancellor Rishi Sunak unveiled a package worth more than £300 billion to support British businesses and … Read more