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Sky News
‘Hubris, incompetence and greed’: Why Sam Bankman-Fried’s jail term is end of an era for crypto
Sam Bankman-Fried was breathlessly described as a wunderkind – a boy wonder transforming the world of finance.Renowned for his messy hair and unkempt appearance, he graced the covers of Forbes and Fortune, who pondered whether he could become the next Warren Buffett. The 32-year-old was the founder of FTX, which had quickly become the world’s …
Business
Sky News
Thames Water shareholders blame Ofwat as they pull funding
Shareholders in troubled Thames Water have blamed Ofwat for not giving the “regulatory support” needed to help the company’s turnaround plan.The nine shareholders said they had been in talks with Thames Water and the regulator to try and find a way through the “complex challenges” facing the company. But in a statement, they said: “After …
Business
Euro News
Which provided a higher yield in the last decade: Bitcoin or a house in London?
Business
Euro News
Diageo price hike fails to bring cheer to hospitality sector
Business
Sky News
Insurers warned again over values placed on written-off and stolen cars
Insurance companies have been told they must offer full value to settle claims relating to written-off and stolen cars after further “shortcomings” were found by an industry regulator.A review by the Financial Conduct Authority (FCA) found that some firms were offering customers less than their vehicle was worth and, in some cases, only increased the …
Business
Euro News
Member states invest in new euro coins to celebrate special events
Business
Euro News
ProSieben board turns down bid by MFE to split German broadcaster
Business
Sky News
Millions urged to read energy meters this weekend to avoid overpaying
Millions of people are being urged to send meter readings to their energy supplier this weekend to ensure they don’t overpay.The regulator’s price cap drops 12.3% on Monday 1 April, from a typical £1,928 per year for a dual-fuel household to £1,690 – an average saving of about £20 per month. Money blog – latest …
Business
Sky News
Three fast-fashion firms sign agreement after greenwashing concerns
The competition regulator has urged UK fashion businesses to give accurate information about how environmentally friendly their clothes are after three fast-fashion firms signed a new agreement.The Competition and Markets Authority (CMA) had initiated an investigation into Boohoo, ASOS and George by Asda over concerns about the way products were marketed as eco-friendly. Its initial …
Business
Evening Standard
Travis Perkins boss to quit amid recent ‘under-performance’
Business
Business Live
Entrepreneur to launch new Connection Heroes platform after national award win
A North East business owner has scooped a national award to help grow a new platform designed to boost human connections in the workplace. Di Gates, founder and owner of virtual consultancy Stick Theory, is one of scores of high-potential entrepreneurs from around the UK who have been awarded £50,000 each by Innovate UK, to …
Business
Sky News
Jailed City trader loses appeal over 2015 Libor interest rate rigging conviction
The first City trader to be jailed for rigging Libor interest rates has lost his appeal against his 2015 conviction. Tom Hayes, 44, a former Citigroup and UBS trader, was handed a 14-year jail sentence – cut to 11 years on appeal – in 2015, which was one of the toughest ever to be imposed …

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