Page 26 - Simon Morris News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FCA signals crackdown on promotion rules for high-risk investments By Jean-Baptiste Andrieux 29 th April 2021 1:22 pm The FCA has fired a warning shot against individuals who use loopholes to promote high-risk investments. It published a discussion paper this morning setting out tougher measures to strengthen financial promotion rules for high-risk products. The proposals are aimed at helping retail investors make better decisions and follows feedback to the call for input on consumer investments. The paper focuses on three areas: the classification of high-risk i...

A TOWN council has pledged its support to tackle speeding on the Powys border, with a possibility of reducing the speed limit to 20mph. Hay-on-Wye mayor Trudy Stedman said the town council had been sent five letters and an email from Newport Street asking if it would join a campaign with Cusop Parish Council to "deal with" speeding traffic. Newport Street runs from the Whitney-on-Wye toll bridge, along the England-Wales border and into Hay-on-Wye near the Co-op. In the meeting on April 12, Coun Simon Morris said the letters mentioned if the town council could work with the parish coun...

London Capital & Finance investors to receive £120m compensation Lawyers call decision 'rare recognition' of regulatory failings 20 April 2021 • 5:00am Investors in failed “mini-bond” provider London Capital & Finance will be reimbursed 80pc of their lost savings as the Government attempts to make amends for regulatory failings. LCF fell into administration in January 2019 after attracting £237m from more than 11,0000 bondholders, lured in by lucrative returns. The Government will now pay out £120m in compensation to savers, many of whom lost their retirement savings. This comes...

"If you're having the Portaloos there, I'm not saying it would happen, but people have been known to throw them around," Coun Morris said. Mayor Trudy Stedman then suggested the idea that the town council gives the testing site staff access to just toilets at the main pavilion, and not the whole room like last time, an idea the council then backed. Coun Fiona Howard raised concerns that the testing centre could be a "waste of money", understood to be due to a lack of use when it was last in Brecon Road. OTHER NEWS:

A TOWN council has said a mobile coronavirus testing unit can return to a car park on the Herefordshire border, but only if there are no Portaloos on site. Powys Teaching Health Board wanted to return to Hay-on-Wye with one of its two mobile Covid-19 testing sites, but councillors were concerned about the idea of Portaloos. Coun Simon Morris said he was concerned about "mess" around the portable toilets, and wanted to know who would monitor the area while the testing centre was closed. "If you're having the Portaloos there, I'm not saying it would happen, but people have been known to...