templar invest is currently being investigated by the financial conduct authority.ed training and that it too was misled by forbes capital. but that's of little comfort to stephen, when the company he invested in isn't paying out what they promised. since you invested the money in forbes capital, have you had any contact from them? no. the only contact i had was the bond certificate, the schedule and the covering letter that came in the post back in april. since that time i've sent e—mails, left phone messages and nothing. when you realised that perhaps this assessment hadn't worked out, how do you feel? £70,000 is a huge amount of money. well, obviously, i was upset. and i tried everything, i contacted the financial conduct authority, the financial ombudsman, action fraud hotline, the serious fraud office, my mp. i just wanted answers as to what happened to this money. are you kind of resigned to the fact of not seeing that money again? virtually. i think i've had to admit that probably or possibility. otherwise, i wouldn't sleep at night, i'd just spend all my day

the financial conduct authority says it needs to pay compensation to thousands of customers, although, they are controversial. our royal correspondent nicholas witchell is also with me. any reaction from the palace? no, other than to point out that the queen does pay tax on her private income as wejust queen does pay tax on her private income as we just heard that is through the duchy of lancaster. it is by association with this area of investment activity that many would regard as dubious, and that many people would feel is not an appropriate area for this particular investor. i don't suppose she knows anything about it, but it does seem extraordinary and puzzling that her advisers could have felt that it was appropriate for someone whose reputation is based so much and for so reputation is based so much and for so long on setting a good example, that they could have concluded that it was appropriate for her money to be put into these offshore funds. it is important again to say that there is important again to say that there is no question of tax avoidance in her case, as i mentione

bright house has been accused of exploiting low income families and the financial conduct authoritiesation to a quarter of a million customers. the duchy says it's only a small stake worth only £3208. the duchy told us that all of oui’ £3208. the duchy told us that all of our investments fully audited and legitimate. there is no suggestion tax was avoided. if a very wealthy person wants to avoid taxation in britain and therefore put money into a tax haven somewhere, who loses? schools, hospitals, housing, all those public services lose. and the rest of the population have to pay to cover up the deficit created by that. the documents also reveal donald trump australia commerce secretary wilbur ross has business links with the russian allies of president putin. mr ross has a secret stake in a shipping company called navigator holdings. 0ne secret stake in a shipping company called navigator holdings. one of its major clients busy russian energy company. an associate of bother repeating is a shareholder and he was sanctioned by the us government in 2014. the company which is our client w

yes, this is wa a report by the financial conduct authority. eview of loan sharks. they didn't find any evidence that more people were using them, but as you say, they found shocking tactics of what loan sharks we re shocking tactics of what loan sharks were doing to get clients. kevin peachy is the bbc‘s personal finance reporter and he's been looking into this. the fsa were told about cases where loa n the fsa were told about cases where loan sharks were hanging around school gates and giving out business cards and saying to youngsters, "if you want a new pair of trainers, get your mum to give us a call." they have been inside casinos and waiting for pensioners outside the post office. for many people using a loan shark seems to have been a way of life. the term loan shark is a stereotype. it conjures up a certain image. who are the people doing that that stereotype is true because people who are unable to pay are being threatened by the loan sharks and pushed into drug running and other illegal activities because they can't repay, but the uni

the documents together, this was supposed to put them both in the same place in what the financial conduct authorityhoroughly, find the comparison and compare like with like. because it isn'tjustjon lewis, admiral did something similar, admitted it, said yes we are sorry and we want to do it again. paul, for the moment, thank you. paul will be back with manny box on radio 4 this lunchtime. here's a question for you. which international tournament features competitors from 23 countries, and takes place next week in the croatian city of zagreb? this sounds like mastermind, i've no idea. the answer is the european quizzing championships. i knew this because it was on the autocue. and one of those representing england is jenny ryan, who you might know as ‘the vixen' from the itv show, ‘the chase'. do you like that name, jenny?m could be worse. she comes from the itv show the chase. what is going to happen in croatia? it will be exciting, i will quiz alongside mike european quiz brethren, all the nations are represented, belgium, norway, finland, germany, france... what do you have to do to be on the tea

brighthouse has been accused of exploiting low income families and the financial conduct authoritiesfore put money into a tax haven somewhere, who loses? schools? hospitals? housing? all those public services lose. and the rest of the population have to pay to cover up the deficit created by that. the documents also reveal that wilbur ross, us commerce secretary, as business links with russian allies of president putin. mr ross has a secret stake in a shipping company called navigator holdings. one of their major clients is an energy company. the company that is our client was not then sanctioned. it is not now sanctioned. and never was sanctioned in between. so there is nothing whatsoever improper about navigator having a relationship with cyborg. i don't know any of those individuals. i have never met them and certainly have not had commercial dealings. former conservative party deputy chairman and treasurer lord ashcroft has been confronted with evidence suggesting he misled the public without giving up he misled the public without giving up his status as a non—dom, a status which

and it is interesting because the financial conduct authority has done some research on families generallydn't take much for a family like that to be unable to get their head above water. so it will be interesting to see whether she gets a pay rise as a teacher, or local services in their areas, as well, and the job situation. local services in their areas, as well, and the job situationm local services in their areas, as well, and the job situation. if you are on that budget line, than those small changes can make a difference either way. staying with the budget, and the chancellor is due to announce regulation changes which would allow more driverless cars to be tested on britain's roads. but you might not be aware that some robotic vehicles are already on our streets. you might even pass one today. so would you trust a vehicle that controls itself? 0ur transport correspondent richard westcott has been for a test—drive. it is not just it is notjust humans that must learn to drive. computers need lessons as well, and they have to start from scratch. 0ne lesson the car has got to learn is