Governance
FSA issues record sub prime penalty
The Financial Services Authority has fined Thinc Group £900,000 over sub prime mortgage sales.
 
Counter-fraud exercise reaps rewards
Almost £10m worth of fraud and errors have been identified following a Scottish detection exercise.
 
Little support for UK whistleblowers
Just 40 per cent of UK firms have measures in place to accommodate potential whistleblowers.
 
Corruption and bribes still widespread
Ernst & Young warns that company executives risk fines and jail by ignoring anti-bribery laws.
 
Jewson sacks director in fraud probe
Building materials retailer Jewson has fired sales director Tony Newman after alleged £1m fraud.
 
Growing concern over litigation issues
Businesses could be facing a future liability crisis if they do not face up to growing litigation issues, Lloyd's has warned.
 
FSA fines Land of Leather over PPI
The Financial Services Authority has fined furniture retailer Land of Leather and its CEO.
 
EU slams misleading airline websites
There are "serious and persistent consumer problems" throughout the airline industry, the EU has said.
 
Network Rail fined £14m over delays
The Office of Rail Regulation has said it will confirm a penalty of £14m on Network Rail.
 
Financial services warned of class action
Financial services firms have been warned to keep a close eye on a class action-style lawsuit.
 
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