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May 20, 2017
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royal bank of fred goodwin, from the royal bank of scotland, or anthony blunt, people like that, it'snd closed doors. she wants a more transparent process where people can be stripped of their honours if they fall below the expected standard. i have to say, i can't imagine that this is right at the forefront of people's minds as we go into an election. or what it means. if you strip someone of their honour, does it matter if it is behind closed doors were out in the open? frankly, a lot of people are honoured, political stooges. there are other problems as we head into the election. that, which is brexit, is at the bottom of the page in a very small story. theresa may is saying that money paid in the past must be taken into consideration. she talks about the european investment bank and the investment fund. it wouldn't make me rush out and buy a paper! no, it's very dull! moving on... good blogger at! and buy a paper! no, it's very dull! moving on... good bloggerat! i've got the interesting story! it is still theresa may. but a very different angle. this is the front page of the times
royal bank of fred goodwin, from the royal bank of scotland, or anthony blunt, people like that, it'snd closed doors. she wants a more transparent process where people can be stripped of their honours if they fall below the expected standard. i have to say, i can't imagine that this is right at the forefront of people's minds as we go into an election. or what it means. if you strip someone of their honour, does it matter if it is behind closed doors were out in the open? frankly, a lot of...
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May 22, 2017
05/17
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former royal bank of scotland boss fred goodwin is expected to face investors in court later for thest time since the bank's near collapse in 2008. iran has sharply criticised president trump for signing a multibillion—dollar arms deal with saudi arabia — its main rival in the gulf. we'll have more on that shortly but mr trump is now heading onto israel and the palestinian territories, where he hopes to revive the middle east peace process. our correspondent, yolande knell, reports on the expectations of mr trump's visit. a room with a view. from his luxury hotel suite, the us president will look out on a holy city at the heart of a decades—old conflict. here he will head to one of the world's most important churches and take his family to this sacred jewish site, the western wall. but donald trump isn'tjust stopping over in jerusalem for a sightseeing tour. the businessman turned politician is coming in pursuit of what he calls the ultimate deal — to bring about peace between israel and the palestinians. israel's prime minister and his wife were early visitors to the trump white hou
former royal bank of scotland boss fred goodwin is expected to face investors in court later for thest time since the bank's near collapse in 2008. iran has sharply criticised president trump for signing a multibillion—dollar arms deal with saudi arabia — its main rival in the gulf. we'll have more on that shortly but mr trump is now heading onto israel and the palestinian territories, where he hopes to revive the middle east peace process. our correspondent, yolande knell, reports on the...
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May 22, 2017
05/17
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in other news: former royal bank of scotland boss fred goodwin is expected to face investors in courtn 2008. some 9,000 people who lost money on shares are demanding £520 million in compensation from the bank and four former directors, including mr goodwin. they say they were misled over the bank's financial health in the run up to its £16 billion government bailout. the bank and former directors deny any wrongdoing. stay with us and we will review other stories in the news in a few minutes time. i will see you then. the party leaders in scotland have engaged in their first major debate of the election campaign and there were some robust exchanges on the question of a second independence referendum. she says a talk about nothing else. the truth is that she talk so much about independence that i cannot get about independence that i cannot get a word in edgewise to talk about it. i have a tory leaflet here. it mentions an independence referendum in 26 times. it does not mention the nhs. it does not mention education. there is a simple way. if people wa nt there is a simple way. if peopl
in other news: former royal bank of scotland boss fred goodwin is expected to face investors in courtn 2008. some 9,000 people who lost money on shares are demanding £520 million in compensation from the bank and four former directors, including mr goodwin. they say they were misled over the bank's financial health in the run up to its £16 billion government bailout. the bank and former directors deny any wrongdoing. stay with us and we will review other stories in the news in a few minutes...
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May 22, 2017
05/17
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court action today, demanding compensation from the bank and four former directors, including fred goodwin by the bank when it sought to raise 12 billion pounds from shareholders in april 2008, a few months before it was rescued by taxpayers. the bank says it will defend itself vigorously in court. andy verity has been following the case. when companies raise money from shareholders, they are legally obliged to give them the information they need to make an informed assessment. in april 2008, they need to make an informed assessment. in april2008, rbs they need to make an informed assessment. in april 2008, rbs ask shareholders to fork out £12 billion to beef up its finances in exchange for the right to buy new shares in the bank at £2 each. in the prospectus about fundraising, it said it was managing its money within prudent limits. that was misleading when internally the bank had recognised that if it ran into further trouble and couldn't borrow from other banks, it wouldn't have enough money to survive for more than a day. thousands took up the shares, including employees of rbs who wer
court action today, demanding compensation from the bank and four former directors, including fred goodwin by the bank when it sought to raise 12 billion pounds from shareholders in april 2008, a few months before it was rescued by taxpayers. the bank says it will defend itself vigorously in court. andy verity has been following the case. when companies raise money from shareholders, they are legally obliged to give them the information they need to make an informed assessment. in april 2008,...
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May 22, 2017
05/17
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high court action today demanding compensation from the bank and four former directors including fred goodwinere misled by the bank when it sought to raise £12 billion from shareholders in april 2008, a few months before it had to be rescued by taxpayers because it was running out of money. 0ur economics correspondent, and the verity, is in the newsroom. we have run through the headlines, but explain what we're talking about. fred the shred will not be there today but he will be appearing on polling day. he is a presence there because he was in charge of royal bank of scotland, which also contains natwest, in 2008 when it ran into big problem lie trouble. —— into big trouble. tens of thousands of shareholders were asked to put their hands into their pockets in april of 2008, the biggest fundraising exercise ever at the time. they asked employees of the bank, who were offered loans in order to buy those shares. what happened is the shareholders say that they were misled because there are misleading statements in the prospectus for that fundraising and there were also serious omissions. they we
high court action today demanding compensation from the bank and four former directors including fred goodwinere misled by the bank when it sought to raise £12 billion from shareholders in april 2008, a few months before it had to be rescued by taxpayers because it was running out of money. 0ur economics correspondent, and the verity, is in the newsroom. we have run through the headlines, but explain what we're talking about. fred the shred will not be there today but he will be appearing on...
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May 22, 2017
05/17
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former royal bank of scotland boss fred goodwin is expected to face investors in court later for the
former royal bank of scotland boss fred goodwin is expected to face investors in court later for the
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May 22, 2017
05/17
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they‘re demanding compensation from the bank and for former directors, including fred goodwin.and natwest, who were encouraged by their employer to take out loans to buy them. by the following january, the price of those shares had gone from £2 to 11p. rbs says it believes it has strong defences to the claim. andy verity, bbc news. the bbc has learned that a police inquiry into an nhs—run mental health unit in essex is investigating up to 20 deaths. it follows fresh investigations into the death of matthew leahy, who was found hanged at linden centre in 2012. matthew was 20 when he died. his mother, melanie leahy, said her talks with essex police suggested the cases had taken place in the last 17 years. our reporter simon cox has been investigating for the victoria derbyshire programme. sweet, kind, mischievous. little rascal at times. my entire world. matthew leahy, a bright, sporty student. in his teens, he began smoking cannabis and having hallucinations. by 2012, his mental health had spiralled. matthew was a patient at the linden centre, run by the north essex partnership
they‘re demanding compensation from the bank and for former directors, including fred goodwin.and natwest, who were encouraged by their employer to take out loans to buy them. by the following january, the price of those shares had gone from £2 to 11p. rbs says it believes it has strong defences to the claim. andy verity, bbc news. the bbc has learned that a police inquiry into an nhs—run mental health unit in essex is investigating up to 20 deaths. it follows fresh investigations into the...
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May 22, 2017
05/17
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high court action today demanding compensation from the bank and four former directors including fred goodwined by the bank when it sought to raise £12 billion from shareholders in april 2008, a few months before it had to be rescued by taxpayers because it was running out of money. the bank has said it will defend itself vigorously in court. a cheaper pound has led to a surge in american tourists visiting the uk. the travel website expedia says it's seen an 80% jump in summer bookings to the uk from across the atlantic betweenjanuary and march, compared with the same period last year. american visitors are taking advantage of the 13% fall in the value of sterling compared with the dollar since the eu a diamond ring bought for £10 at a car—boot sale 30 years ago is expected to fetch £350,000 at auction. the owner believed the large white diamond was a piece of costume jewellery when she bought it in the 1980s. she wore the spectacular stone for decades without realising its true value — even doing the chores with it on! drake won 13 billboard muse k awards beating the previous record of adele
high court action today demanding compensation from the bank and four former directors including fred goodwined by the bank when it sought to raise £12 billion from shareholders in april 2008, a few months before it had to be rescued by taxpayers because it was running out of money. the bank has said it will defend itself vigorously in court. a cheaper pound has led to a surge in american tourists visiting the uk. the travel website expedia says it's seen an 80% jump in summer bookings to the...