Katy Worobec, managing director of economic crime at UK Finance, said: “The interim funding pot was originally set up because we had asked that government and regulators work with industry to find a long-term solution to funding of ‘no blame’ cases, involving other sectors like online platforms, which are used by criminals to perpetrate the fraud, contributing to reimbursing the customer. Sadly, that is yet to happen.”
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Coca-Cola Enterprises boss admits taking £1.5m in bribes
admin, , Business, 0
A former director of Tritec Systems, Gary Haines, 60, of Market Drayton, Shropshire, was also given a 20-month suspended...
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Johnson & Johnson to pay $230m to settle opioid claim
admin, , Business, 0
“Johnson & Johnson helped fuel this fire, but today they’re committing to leaving the opioid business – not only...
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Will we be getting our cash from shops, not ATMs?
admin, , Business, 0
Coronavirus is expected to have hastened a further decline.
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Five ways the Ukraine war could push up prices
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As a leading commodities exporter, Russia is one of the world’s largest suppliers of metals used in everything from...
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‘I harvest 70 million daffodils a year but £1 a bunch can’t last’
admin, , Business, 0
The changes to how the UK trades with Europe has also added to the work involved in selling his...
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Ikea to buy back used furniture in recycling push
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Image copyright Mikhail Tereshchenko Image caption Ikea will soon be selling pre-used versions of some of its best sellers...
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Covid-19: More testing sites for key workers to avoid isolation in England
admin, , Business, 0
Announcing the new testing sites, Health Secretary Sajid Javid said: “Daily contact testing of workers in these critical sectors...
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Mike Ashley thinks luxury Flannels shops ‘bonkers’
admin, , Business, 0
Mr Murray, 33, is married to Mr Ashley’s eldest daughter Anna. Before he took over as CEO last year,...
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