The ongoing investigation into the collapse of Market Financial Solutions has revealed that the amount of money missing may significantly exceed earlier estimates of £1.3 billion. Administrators from Alix Partners
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Australian Travel Giant Faces £80 Million Overcharging Scandal Amid Billions in Government Contracts
Corporate Travel Management, an Australian travel company headquartered in Brisbane, has admitted to overcharging British clients at least £80 million over the past three years. The revelation exposes significant financial
Lloyds Bank has stated it will contest the Financial Conduct Authority’s (FCA) expansive plans for an £11bn car finance compensation scheme, after the mounting cost of the scandal significantly hit
Tens of millions of pounds have been lost by unsuspecting investors following the collapse of the 79th Group, now suspected to be one of the largest Ponzi schemes in British
Britain’s largest banks have seen their valuations soar by over £5bn after the Financial Conduct Authority (FCA) unveiled a smaller than anticipated car finance compensation pot. Shares in Close Brothers
In 2020, as gold prices soared, the Bogoso-Prestea mine in Ghana seemed ideally positioned for prosperity. London-based Blue International Holdings moved swiftly to purchase the gold mine for $95 million,
Big Technologies has claimed that its allegations regarding former chief executive Sara Murray’s undisclosed connections to offshore companies have been ‘largely confirmed’ by an international financial services provider. The revelation
Lex Greensill has opened up in a London high court trial, revealing that several senior managers at Japanese tech investment giant SoftBank felt “threatened” by his close relationship with the
Close Brothers, one of the United Kingdom’s leading car loan providers, has reported a staggering operating loss of £103.8 million for the six months leading up to 31 January. This
The recent collapse of Stenn, a once-promising fintech venture valued at nearly $1 billion, bears stark similarities to the infamous Greensill scandal, raising serious concerns about the trade finance sector’s
Aviva, the FTSE 100 insurance giant, faces serious allegations of tax evasion and regulatory violations in India, according to a report by the country’s tax authority. The Directorate General of
