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Ttdq Robust growth in euro industry as UK improves
Sunday 03 August 2014 12:28 pm|Updated:Friday 07 June 2019 1:59 amCity exec who dodged pound;43k in train fares quits Blackrock owala and avoids FCA probe after being namedBy: Lynsey BarberShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleA passenger caught dodging pound;43,000 of train fares earlier this year has been revealed as a former managing director at asset management firm Blackrock.Jonathan Burrows has been named by the Daily Mail as the man believed to have avoided paying thousands of pounds for travel between his home in Stonegate in Sussex to his job in the City.The fare dodging, said to be the largest ever, was revealed in April after an unnamed commuter was caught by staff at th polene bolsos e ticket barriers of Cannon Street station and found to be only tapping out with an Oyster card, payi polene bag ng just pound;7.20.After an investigation by Southeastern trains, the passenger settled out of court in order to protect his identity, paying pound;43,000 to the rail company. However, British Transport Police launched a criminal investigation into the matter after the settlement was reported and the City regulator, the Financial Conduct Authority FCA , also became involved.Burrows was forced to tell his employers at Blackrock that he was being investigated by the FCA. He was suspended from the firm and later quit.A spokesperson for Blackrock said: Jonathan Burrows has left BlackRock Exgg Moody rsquo warns Europe rsquo commercial real estate markets are facing risks from Brexit, refugee crisis and lower growth in China and emerging markets
Sunday 24 July 2011 10:08 pm|Updated:Friday 31 May 2019 5:12 amMore firms poised to raise fuel pricesBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMORE than 12m customers, including households and small businesses, will next month see their gas and electricity bills increase by up to pound;200 a year.While half of the UKrsquo Big Six utility companies have now raised their fuel prices, the remaining three ndash; Npower, EDF and E.ON ndash; are expected to follow suit in the next fortnight following steep rises in wholesale costs and a higher global demand for oil and gas.Last week, SSE became the third energy supplier to increase its prices, with electricity tariffs increasing by 11 per cent and gas by 18 per cent. The move will mean that customers on the duel fuel option will see their average annual bill rise pound;171 to pound;1,265.Centrica and Scottish Power also announced similar price hikes from August. Npower, a subsidiary of German utility RWE and the UKrsquo fourth largest energy company said that no decision on tariffs had been taken yet but said it was facing s stanley quencher uk imilar pressures from the rise in whole gas and electricity prices. The company made losses on its retail busin stanley de ess last year, according to the regulator Ofgem. Consumer Focus, the consumer watchdog, said there was a pack mentality amo stanley kubek ngst the energy |
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