Legal
Groupola misled thousands wi...
Red-faced directors at group-buying site Groupola admit they misled thousands of customers by offering to sell them cheap iPhones when they only had eight in stock. A media campaign promoting the phon...
Broadbent joins Monetary Pol...
Goldman Sachs economist Ben Broadbent is set to join the Bank of England’s Monetary Policy Committee (MPC), replacing outspoken member Andrew Sentance. Sentance has often been seen as a dissenti...
Report calls for delay in FS...
A new report expresses concerns over the government’s proposed timetable for changes to theUK’s banking regulation system, which would see the Financial Services Authority (FSA) effectivel...
HMRC sends in the heavies fo...
HM Revenue & Customs will arrange for debt collectors to let loose on taxpayers to recover around £1.5bn of outstanding taxes and other money owed. The actual purge might find the collectors...