14/04/2015
Other News In Brief
FCA Fine Clydesdale Bank Over PPI Complaints
The Financial Conduct Authority (FCA) has issued a fine against the Clydesdale Bank for "serious failings" in its handling Payment Protection Insurance (PPI) complaints.
The bank has been fined £20.7m, understood to be the largest fine of its type imposed by the FCA.
The FCA said that up to 93,000 customers may be entitled to refunds or additional compensation.
Police Dig Underway In Re-launched Murder Investigation
A forensic dig is underway by police re-investigate a cold case murder in Cambridgeshire.
Police are digging an area near to where Andrew Bedford was last seen on Friday 28 September, 1990, at Factory Bank, off Great Whyte, Ramsey.
Previously, three people have been arrested in connection with the case but no-one has ever been charged. Police re-launched the case as a murder investigation last week.
Hostel Siege Ends With Arrest
A 12-hour siege at a hostel in North Ayrshire has ended with with the arrest of a 28-year-old man.
It is understood that a man staying at the Short Stay Hostel in Princes Street, Ardrossan, barricaded himself in his room on Monday night.
Police were called after the man threatened to self harm.
The incident started shortly before midnight and ended at about 11:20 on Tuesday.
(MH/JP)
The Financial Conduct Authority (FCA) has issued a fine against the Clydesdale Bank for "serious failings" in its handling Payment Protection Insurance (PPI) complaints.
The bank has been fined £20.7m, understood to be the largest fine of its type imposed by the FCA.
The FCA said that up to 93,000 customers may be entitled to refunds or additional compensation.
Police Dig Underway In Re-launched Murder Investigation
A forensic dig is underway by police re-investigate a cold case murder in Cambridgeshire.
Police are digging an area near to where Andrew Bedford was last seen on Friday 28 September, 1990, at Factory Bank, off Great Whyte, Ramsey.
Previously, three people have been arrested in connection with the case but no-one has ever been charged. Police re-launched the case as a murder investigation last week.
Hostel Siege Ends With Arrest
A 12-hour siege at a hostel in North Ayrshire has ended with with the arrest of a 28-year-old man.
It is understood that a man staying at the Short Stay Hostel in Princes Street, Ardrossan, barricaded himself in his room on Monday night.
Police were called after the man threatened to self harm.
The incident started shortly before midnight and ended at about 11:20 on Tuesday.
(MH/JP)
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05 May 2011
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
Bank Of England Maintains Bank Rate At 0.5%
The Bank of England’s Monetary Policy Committee today voted to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed by the issuance of central bank reserves at £200 billion. The previous change in Bank Rate was a reduction of 0.5 percentage points to 0.
23 September 2014
Barclays Fined £38m By FCA
The Financial Conduct Authority (FCA) has issued a fine of £38 million against Barclays Bank over a failure to keep its customers money separate to its own. It is the second time the bank has been fined for similar issues, paying out £1.1 million in 2011. The bank's investment arm is said to have put £16.
Barclays Fined £38m By FCA
The Financial Conduct Authority (FCA) has issued a fine of £38 million against Barclays Bank over a failure to keep its customers money separate to its own. It is the second time the bank has been fined for similar issues, paying out £1.1 million in 2011. The bank's investment arm is said to have put £16.
23 May 2014
Barclays Fined £26m Over Gold Price Fixing
Barclays Bank has been fined over £26m by the Financial Conduct Authority (FCA) after an employee was discovered attempting to manipulate the price of gold. The FCA said the bank failed to adequately manage conflicts of interest between itself and customers between 2004 and 2013.
Barclays Fined £26m Over Gold Price Fixing
Barclays Bank has been fined over £26m by the Financial Conduct Authority (FCA) after an employee was discovered attempting to manipulate the price of gold. The FCA said the bank failed to adequately manage conflicts of interest between itself and customers between 2004 and 2013.
26 March 2014
Santander UK Fined £12.4m By FCA
High Street bank Santander UK has been punished by the UK financial watchdog over failures in investment advice to British consumers in its branches with £12.4m, one of the biggest fines levied on a bank for such faults. The Financial Conduct Authority (FCA) punished the bank after a 13-month-long investigation was carried out.
Santander UK Fined £12.4m By FCA
High Street bank Santander UK has been punished by the UK financial watchdog over failures in investment advice to British consumers in its branches with £12.4m, one of the biggest fines levied on a bank for such faults. The Financial Conduct Authority (FCA) punished the bank after a 13-month-long investigation was carried out.
11 December 2013
Lloyds Bank Fined A Record £28m
Lloyds Banking Group has been fined a record £28m for "serious failings" in relation to its bonus schemes for sales staff. The Financial Conduct Authority (FCA), which issued the fine, said it is the largest fine it or the former Financial Services Authority (FSA) had imposed for retail conduct failings.
Lloyds Bank Fined A Record £28m
Lloyds Banking Group has been fined a record £28m for "serious failings" in relation to its bonus schemes for sales staff. The Financial Conduct Authority (FCA), which issued the fine, said it is the largest fine it or the former Financial Services Authority (FSA) had imposed for retail conduct failings.
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Northern Ireland WeatherToday:It will stay dry for all parts throughout the day with variable and patchy cloud allowing long spells of sunshine to break through. Winds remaining light throughout. Maximum temperature 16 °C.Tonight:A dry and settled night with mostly cloudy skies, though some clear intervals are still possible. Winds will strengthen overnight, especially around the coasts. Minimum temperature 8 °C.