FCA freezes assets of WealthTek's principal partner as possible £81.4m shortfall discovered
Newcastle fintech was ordered to cease trasing in April after 'serious' regulatory and operational issues arose.
Source: prolificnorth.co.uk
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Thursday newspaper round-up: Diesel prices, Amazon, Whitbread
Supermarkets have cut more than 7p a litre from the price of diesel since the UK’s competition watchdog warned it would question retail bosses about unnecessarily high forecourt prices, according to the RAC. The motoring group found that the average price of diesel fell by 7.44p a litre, from 151.02p two weeks ago to 143.58p this week, after the Competition and Markets Authority (CMA) raised concerns that retailers were making “sustained higher margins” from sales of diesel. – Guardian
Source: sharecast.com
WealthTek boss John Dance faces criminal FCA inquiry
The City regulator has launched a criminal investigation into the racehorse-owning boss of WealthTek around a potential £81 million gap in the collapsed fund management company’s finances. Officials at the Financial Conduct Authority confirmed that John Dance was being investigated over possible fra
Source: thetimes.co.uk
British Horseracing Authority announces latest position on Dance horses
By PA Sport Staff 2023-05-22
Source: theirishfield.ie
Bravemansgame given green light for Punchestown
By Molly Hunter, PA 2023-04-24
Source: theirishfield.ie