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Farage in 2018. In June 2023, the private bank Coutts closed the account held by the British politician and broadcaster Nigel Farage, triggering controversy. NatWest, the owner of Coutts, initially claimed that he failed to meet the Coutts eligibility criteria of holding £1,000,000 or more in his account, following the expiry of his mortgage.
The Financial Conduct Authority v Arch Insurance (UK) Ltd & others [2021] UKSC 1 is a United Kingdom Supreme Court case determining whether commercial insurance policies for business interruption cover claims due to the COVID-19 pandemic and consequent lockdowns.
The FCA works alongside the Prudential Regulation Authority and the Financial Policy Committee to set regulatory requirements for the financial sector. The FCA is responsible for the conduct of around 58,000 businesses which employ 2.2 million people and contribute around £65.6 billion in annual tax revenue to the economy in the United Kingdom ...
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BBC News provides television journalism to BBC network bulletins (on BBC One and BBC Two) and programmes as well as the BBC News Channel available around the world and in the United Kingdom. BBC News runs BBC Radio 5 Live and BBC World Service as part of its rolling news coverage, journalists and presenters also contribute to podcasts produced ...
Business Today is a television business news programme produced by BBC News and shown on BBC News Channel and BBC One on weekdays. Each edition lasts 25 minutes. The 05:30 edition is also seen on BBC One and the 11:30 edition also airs on BBC Two during their simulcasts of BBC News Channel.
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BBC Radio 4 produced a programme, The Lowball Tapes, that questions whether the right people were convicted for rigging rates. [30] The programme also alleges that at the height of the financial crisis, the Bank of England was giving instructions to banks to rig Libor to a much greater extent than the traders ever did on their own account.