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Late financier Evelyn de Rothschild accused of abuse during banking career
One of the world’s most celebrated financiers, Sir Evelyn de Rothschild, has been accused of exploiting his position at the storied bank to abuse women who worked with him.
The claims against Sir Evelyn, two years after his death, come from several women who said they felt unable to raise …
New British Virgin Isles measures don’t protect businesses or privacy – they protect criminals
Roman Abramovich had options. In 2005, the Russian government paid him $13bn for Sibneft, to buy back, at huge profit to him, the oil company he’d paid them just $250m for 10 years earlier. He used that windfall to expand his luxury property portfolio and art collection and poured money …
Thames Water may need £10bn investment to repair finances, high court hears
Thames Water may need as much as £10bn in debt and equity investment to repair its finances, according to a representative of creditors hoping to lend the struggling utility another £3bn.
London’s high court heard evidence on Tuesday that suggested the UK’s largest water company may need significantly more resources …
‘I can’t order 100 pieces of junk for $15?’: How Trump’s tariff will hit fast-fashion devotees
Rightwing MEPs threaten huge funding freeze for environmental NGOs
Several environmental NGOs could be effectively shut down in Europe, if
a defunding push by rightwing MEPs
is successful, campaigners say.At the same time that centre and far right MEPs are revving up strategies to
,deregulate
ordecapitate
the European …Ed Miliband emerges from his bunker to bask in Labour backbench love | John Crace
He lives!
They seek him here! They seek him there! For the last ten days or so, Ed Miliband has been the Invisible Man. A large number of the cabinet were in Oxfordshire for Rachel Reeves’s growth speech last Wednesday. Ed was not. Those who didn’t make the trip were …
Citigroup commits to hybrid working bucking Wall Street trend
The boss of Citigroup has told executives that most staff will continue to be able to work remotely two days a week, a decision that sets it apart from other Wall Street banks.
Most of Citi’s employees work on a hybrid schedule, spending at least three days a week in …
British Virgin Islands accused of ‘shameful’ attempt to avoid financial crime crackdown
The British Virgin Islands (BVI) have been accused of a “shameful” attempt to avoid a crackdown on financial crime, in a growing rift with the government that threatens to escalate into a constitutional standoff.
MPs have written to the premier of the BVI, while the former development minister Andrew Mitchell …