21 h. ago Inquiry into rogue surgeon to hold preliminary hearing next month

It will examine whether patients of Sam Eljamel were let down by failures in clinical governance, risk management, and complaints handling.

Politics

1 week ago Tesla’s UK sales fall almost 60% in July as BYD surges; Neil Woodford fined and banned over fund collapse – business live

Rolling coverage of the latest economic and financial newsBritain’s service sector companies were hit by a drop in orders last month, as demand at home and abroad remained sluggish.Service sector growth slowed last month amid a decline in new work, according to the latest survey of purchasing managers from data firm S&P Global.“UK service providers recorded a third consecutive monthly rise in business activity, but they were unable to maintain the growth rate achieved in June.Moreover, new business intakes swung back into contraction during July, with the downturn in order books the fastest for just over two-and-a-half years. Risk aversion and low confidence among clients were the main reasons provided for sluggish sales pipelines, alongside an unfavourable global economic backdrop. Continue reading...

Economics

1 week ago Business news live: Diageo profits drop and BP faces shareholder pressure as Neil Woodford and firm fined £46m

Stock market news and latest business and finance updates from Tuesday

Economics

1 week ago Former fund manager Neil Woodford to be banned and fined almost £46m

The FCA said Mr Woodford and his fund ‘made unreasonable and inappropriate investment decisions’ between July 2018 and June 2019

Economics

1 week ago Tesla’s UK sales fall almost 60% in July; Neil Woodford fined and banned over fund collapse – business live

Rolling coverage of the latest economic and financial newsBritain’s service sector companies were hit by a drop in orders last month, as demand at home and abroad remained sluggish.Service sector growth slowed last month amid a decline in new work, according to the latest survey of purchasing managers from data firm S&P Global.“UK service providers recorded a third consecutive monthly rise in business activity, but they were unable to maintain the growth rate achieved in June.Moreover, new business intakes swung back into contraction during July, with the downturn in order books the fastest for just over two-and-a-half years. Risk aversion and low confidence among clients were the main reasons provided for sluggish sales pipelines, alongside an unfavourable global economic backdrop. Continue reading...

Economics

1 week ago Business news live: Diageo profits drop and BP faces shareholder pressure as Neil Woodford’s firm fined £40m

Stock market news and latest business and finance updates from Tuesday

Economics

1 week ago FCA fines Neil Woodford and his company £46mn for management failures

UK regulator accuses former star manager of ‘inappropriate investment decisions’ in run-up to collapse of equity fund in 2019

Economics

1 week ago Tesla’s UK sales fall almost 60% in July; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsNewsflash: The UK’s financial regulator has decided to fine former star fund manager Neil Woodford and his investment management company nearly £46m, over the collapse of his popular equity fund.The Financial Conduct Authority says it has decided to fine Woodford £5,888,800 and ban him from holding senior manager roles and managing funds for retail investors.‘Being a leader in financial services comes with responsibilities as well as profile. Mr Woodford simply doesn’t accept he had any role in managing the liquidity of the fund.The very minimum investors should expect is those managing their money make sensible decisions and take their senior role seriously. Neither Neil Woodford nor Woodford Investment Management did so, putting at risk the money people had entrusted them with.’ Continue reading...

Economics