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Found 20 results

  1. General Sir Nick Carter appointed new Chief of the Defence Staff READ MORE HERE: https://www.gov.uk/government/news/general-sir-nick-carter-appointed-new-chief-of-the-defence-staff
  2. Dynamic security threats and the British Army: Chief of the General Staff General Sir Nicholas Carter KCB CBE DSO ADC Gen READ MORE HERE: https://www.gov.uk/government/speeches/dynamic-security-threats-and-the-british-army-chief-of-the-general-staff-general-sir-nicholas-carter-kcb-cbe-dso-adc-gen
  3. hi, i was wondering if anyone could advise on the legal situation of a suspended chief constable still having his name on the bottom of NIP forms? Surely he is not able to do this if suspended? my thinking is that any form issued with his name and signature (not PP'd or on behalf of ) should be considered non enforcable. thanks and apologies if this hase been covered before.
  4. Feel its not far off , sickening, especially when its being used to manage essentials https://www.theguardian.com/business/2017/sep/18/britain-debt-timebomb-fca-chief-crisis
  5. Feel its not far off , sickening, especially when its being used to manage essentials https://www.theguardian.com/business/2017/sep/18/britain-debt-timebomb-fca-chief-crisis
  6. Britain’s most senior police officer has been accused of attempting to shift blame on to victims of online fraud after he suggested consumers should not be refunded by banks if they fail to protect themselves from cybercrime. Sir Bernard Hogan-Howe, the Metropolitan police commissioner, said customers who had fallen foul of online fraudsters were being “rewarded for bad behaviour” instead of incentivised to update anti-virus software and improve passwords. His comments in the Times come as police brace themselves for an expected surge in overall crime figures when cybercrime estimates are included in official statistics for the first time in July. http://www.theguardian.com/uk-news/2016/mar/24/dont-refund-online-victims-met-chief-tells-banks
  7. The pay packet of Crossrail chief Andrew Wolstenholme increased by almost a quarter to £700,000 this year — making him one of Britain’s highest paid public sector bosses. A total of 81 TfL and Crossrail executives earned more than the Prime Minister’s salary of £142,500. Link Says it all I think, when did the likes of Joe Public have a 25% pay increase on public money.
  8. I hope I have posted this on the correct forum I have recently encountered a very distressing experience with a store manager at my local Matalan upon complaining to customer services the customer services also have pulled rank and has taken the side of the store manager, making me out to be a blatant liar . I insisted the cctv be watched back on of my visit and conversation with the store manager which showed that i was the one telling the truth . They would not allow that I discuss this incident further with a area manager , and getting details of higher managerial to take my complaint to is impossible to come by . Does anyone know what my rights are when requesting information of the Chief Executive of Matalan please ? like an email address etc , thank you
  9. Natalie Ceeney is stepping down after spending much of the last four years tackling banks' poor PPI complaint handling. The head of the financial ombudsman is stepping down as the organisation deals with its one millionth payment protection insurance complaint. Natalie Ceeney has been the chief ombudsman for almost four years. During this time she focussed her energy of tackling the banks’ poor complaint handling processes regarding mis-sold payment protection insurance (PPI). Many banks continue to fob off valid PPI complaints. In the first half of this year, the ombudsman upheld more than eight in ten complaints made against some institutions. In September, Ms Ceeney attacked the banks’ handling of PPI complaints, saying: "Disappointingly we are still seeing cases where businesses are not following our long-standing approach to PPI, resulting in long waits and unnecessary delays for consumers.” The ombudsman has more than trebled in size over the last four years from an annual workload of 150,000 cases to over 500,000 cases, thanks mainly to the tidal wave of PPI complaints. More: http://www.telegraph.co.uk/finance/personalfinance/insurance/10451970/Chief-ombudsman-quits-after-one-million-PPI-complaints.html
  10. Royal Bank of Scotland group chief executive Stephen Hester is stepping down later this year. In a statement posted on the London Stock Exchange, RBS says Hester was unable to make an “open-ended commitment” to continuing as chief executive once the bank has returned to the private sector. Hester was appointed to the RBS board in October 2008 and became group chief executive in November 2008. He has overseen the rescue of RBS and its restructure as part of a “strategic plan” to strengthen the business and the bank’s balance sheet following the financial crisis. RBS says as the bank is now preparing for the Government to sell its stake in the business, Hester and the board agreed now was the time to “transition” the bank’s leadership.RBS chief executive Stephen Hester says: “It has been nearly five years since I joined RBS after the bank was rescued by the Government. In that time we have reduced the bank’s balance sheet by nearly a trillion pounds, repaid hundreds of billions of taxpayer support, and removed the imminent threat that this bank’s size and complexity posed to the UK economy. “We are now in a position where the Government can begin to prepare for privatising RBS. While leading that process would be the end of an incredible chapter for me, ideally for the company it should be led by someone at the beginning of their journey. I will therefore step down at the end of this year to allow a new CEO to lead the group in this next stage.” RBS chairman Philip Hampton says: “On behalf of the board I would like to thank Stephen for his leadership and dedication over the past five years. In the midst of a major crisis, he accepted the challenge of stabilising the bank, turning it around, and putting us in a position where we can begin to plan for returning the organisation to the private sector. His achievements have been considerable.” Chancellor George Osborne says: “When Stephen Hester took on the job at RBS in 2008 it was a bust bank with a broken culture and posed a huge risk to financial stability. RBS today is safer, stronger and better able to support its customers. I want to commend Stephen Hester for everything he has done to make this turnaround possible. “Having brought RBS back from the brink, now is the time to move on from the rescue phase to focus on RBS being a UK bank that provides greater support to the British economy, helping businesses and job creation here, and which can return to the private sector in a way that ensures value for the taxpayer.” Link: http://www.mortgagestrategy.co.uk/latest-news/rbs-chief-exec-stephen-hester-to-step-down/1072678.article
  11. Lloyds Banking Group chief executive, Antonio Horta-Osorio, has said the banking industry urgently needs to address its image problem if it is to attract the best graduates in future. Mr Horta-Osorio warned that a new survey that found just 2pc of students would consider a career in financial services showed the sector had to "urgently" change young people's impression of banks. "We need to take steps as a sector towards rebuilding our reputation through how we behave and what we do. In tandem with this we urgently need to address the perception of banking as an attractive career opportunity for young people," said Mr Horta-Osorio, speaking in Oxford. He added: "The next generation should see banking as an industry that helps to build economic wealth and is playing its part as a useful member of our local communities." Research for Lloyds by YouGov found that a quarter of students would be embarrassed to tell their parents if they got a job with a bank, while 41pc said they distrusted banks and financial services providers. Banks have seen their reputations tarnished in the wake of the financial crisis by a series of scandals, including the rigging of global interest rates, the mis-selling of payment protection insurance and interest rate hedging products, as well as money laundering for terrorist organisations and drug gangs. Link: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/10054937/Banking-needs-to-change-to-attract-youngsters-says-Lloyds-chief-Antonio-Horta-Osorio.html
  12. The Financial Services Authority has fined Prudential up to £30m and censured its chief executive Tidjane Thiam. The penalty, first revealed in The Daily Telegraph, relates to the insurer’s failure to have followed the correct protocol in notifying the City regulator ahead of its abortive $35.5bn (£23.4bn) bid for Asian rival AIA in 2010. The FSA said in a statement: "Prudential failed to deal with the FSA in an open and cooperative manner when it was seeking to acquire AIA in early 2010, because it did not inform the FSA of the proposed acquisition until after it had been leaked to the media on 27 February 2010." The insurer is thought to have agreed the fine as a settlement after a lengthy stand-off with the regulator. Talks between the two sides are understood to have been going on for more than a year, with the FSA initially demanding a fine of as much as £80m and a further £400,000 penalty for Mr Thiam. The size of the FSA fine is expected to raise eyebrows in the City. A penalty of £30m would be one of the biggest the regulator has levied - topping the £29.7m handed to UBS in November last year for failing to prevent “large-scale unauthorised trading” by rogue trader Kweku Adoboli. The FSA said: "The failure to inform the FSA was significant because it resulted in the FSA having to consider highly complex issues within a compressed timescale before making a decision as to whether to suspend Prudential’s shares. More: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/insurance/9956392/FSA-fines-Prudential-30m-and-censures-chief-Tidjane-Thiam-over-AIA-deal.html
  13. What the hell is going on. . . . ? Hector Sants, the former Financial Services Authority chief executive criticised over regulatory failures during the financial crisis, has been knighted in the New Year Honours list. More: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/9770062/Honours-list-Former-FSA-chief-Hector-Sants-knighted-despite-regulatory-failures.html
  14. Sky News is reporting that Sants is in talks to fill an executive role overseeing compliance at the bank, which would involve regularly dealing with the FSA. More: http://www.mortgagestrategy.co.uk/latest-news/ex-fsa-chief-exec-hector-sants-in-talks-to-join-barclays/1062977.article
  15. Sounds a bit rich coming from Barclays http://www.bbc.co.uk/news/business-19834731
  16. High street banks have “lost their moral compass” and must “fundamentally change” their practices in order to restore the public’s battered confidence in them, a leading consumer group has warned. Which? has written to the new head of the British Bankers' Association (BBA), which represents the banking industry, urging him to raise levels of customer service in branches and make banks more accountable for bad practices. The group also warned Anthony Browne, who starts as chief executive of the BBA on Monday, not to give in to pressure from powerful banks to “defend the indefensible”. The public’s confidence in banks has been rocked by a series of scandals in recent months. Routine mis-selling of Payment Protection Insurance (PPI), the rigging of the Libor rate, IT meltdowns and the prospect of higher fees for current account holders have meant that trust in banks is “at an all-time low”, Which? said. The letter, which was written by Which?’s chief executive Peter Vicary-Smith and was sent yesterday, said: “In the wake of all the recent scandals in the banking industry there is a real crisis in consumer trust and confidence. We found almost three-quarters of people don’t think UK banks have learnt their lesson from the financial crisis – up from six in ten in September 2011. More: http://www.telegraph.co.uk/news/uknews/9510087/Banks-have-lost-their-moral-compass-consumer-group-warns-new-industry-chief.html
  17. The man in charge of reviewing the government's controversial fitness-to-work benefit assessments is to stand down, the BBC's Panorama has learned. http://www.bbc.co.uk/news/uk-politics-19046447 Source: BBC News.
  18. Anthony Browne has been appointed as the next chief executive of the British Bankers' Association (BBA) to succeed Angela Knight who is stepping down to join Energy UK. Mr Browne will take up his appointment on 1 September 2012. More: http://www.bba.org.uk/media/article/appointment-of-anthony-browne-as-chief-executive-of-the-british-bankers-ass/press-releases/
  19. Account balances did not update, leading to unpaid bills and missing wages Mr Hester said he wanted to 'put things right' Stephen Hester, boss of NatWest owner RBS, tonight personally apologised for the technical glitches that have left the bank in chaos. The chief executive said 1,200 branches would be opened nationwide tomorrow morning to tackle the problems caused by faulty computer software. Mr Hester admitted that NatWest had let down its customers after hundreds of people vented their anger over the issue. The IT glitch has led to payments going missing, wages disappearing and holidays and home purchases being disrupted. Read more: http://www.dailymail.co.uk/news/article-2163686/Bank-chief-Hester-apologises-technical-hitches-left-furious-customers-unable-access-cash-pay-bills.html#ixzz1yfiM2aLN
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