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If the SFO had any balls, they investigate HM Government,
there loads of nefarious goings on over the years,
so much so, the DTI and Customs were into a fight over somem
what a farce that was
want a good read, look into the BAE and saudi corruption scandal
there seems to be 2 rules, one for gov and one for others.
and others never win
Unless some of you lads know different. for over a week, buys have vastly outnumbered sells,
but sp gone down
one day last week. dropped 3p on 2 million more sells then buys,
even the ut was showing higher
next day, it went down again
to me, this is manipulation
or am i missing something
any one shed some light on it for thoses no in the no !!
Vol. Sold 187,819
Sold Value £195.52k
Vol. Bought 211,919
Bought Value £220.61k
can some of you more knowledgeable ladds tell me, why so often there more buys than sell,s and price goes down,
or to confuse things even more, sometimes more sells than buys, and price goes up.
it just dont make sense at all at times
And it just aint this share, its on alot of others too.
tip fot others on large buys.
daft mistake on my part, bit forgetful, bought in one lot
Dont buy all in one.
should have bought in 3 lots
and 3 lots be 160£
1 lot 1350£
1190 would have bagged me another 1100 ish.
dont be caught out.
still, just made it up already, so far, !!!
Lloyds Bank fined £90.7m for misleading home insurance customers
UK NewsPublished: 4 hours ago
The FCA has been cracking down on insurance premiums, having found between 2018 and 2020 that most existing customers would receive a higher quote for the same product than a new one.
Insurers have previously enticed new customers with loss-making discounts in the hope of turning them into longer-term customers where higher renewals can be charged in the future.
The loss-making deals would be offset by charging higher prices to existing customers.
A Lloyds Banking Group spokesperson: “We’re sorry that we got this wrong. We’ve written and made payment to those customers affected by the discount issue and they don’t need to take any further action.
“We thank the FCA for bringing this matter to our attention and since then we’ve made significant improvements to our processes and how we communicate with customers.”
UK News
thing that bugs me is, every car insurance renewal ive ever got, ive never paid what they ask, always get another 50-100 £s off
so why not fine all and every one that sends thee,s things out
Lloyds Bank fined £90.7m for misleading home insurance customers
UK NewsPublished: 4 hours ago
The fine is the second largest handed to a retail bank in the FCA’s history after Lloyds sent 9m letters that were potentially misleading.
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Lloyds Bank logo
Lloyds Bank logo
Lloyds Banking Group’s insurance division has been fined £90.7 million for misleading customers over their home insurance renewal quotes.
The Financial Conduct Authority (FCA) said the bank sent out 9 million letters to existing customers between 2009 and 2017 claiming that renewal quotes were offering a “competitive price”.
But the bank would be offering lower quotes to new customers for the same product and did not check the accuracy of the messaging, the FCA found.
£90,688,400
Fine handed to Lloyds Banking Group
The fine is the second largest handed out to a non-investment, or retail, bank in the FCA’s history. The largest was also to Lloyds at £117 million in 2015 for for PPI mis-selling.
So-called “loyalty” fees, where insurers charge higher rates for loyal customers through renewals compared with new customers, are being cracked down on by the regulator, with new rules coming into force from January that will ban the practice.
Mark Steward, executive director of enforcement and market oversight at the FCA, said: ”Firms must ensure their communications with customers are clear, fair and not misleading. LBGI (Lloyds Bank General Insurance) failed to ensure that this was the case.
“Millions of customers ended up receiving renewal letters that claimed customers were being quoted a competitive price which was unsubstantiated and risked serious consumer harm.”
The FCA accepted that the bank started removing the “competitive price” phrase from 2009 but found that a substantial number of renewals continued to include the wording.
Around 87% of renewals were agreed to by customers who received letters with the misleading wording, although the FCA could not say how much impact the wording had.
However, the FCA said this “caused a risk of harm for the majority” of Lloyds’ insurance customers “because it was likely that the premium quoted to them at renewal would have increased when compared to their prior premium”.
It added: “Renewal premiums offered to customers would also likely have been higher than the premium quoted to new customers, or customers that chose to switch insurance provider.
“This was particularly likely to be the case for customers who renewed repeatedly.”
Separately, the FCA found that around 500,000 customers were told they would receive a discount based on “loyalty” or being a “valued customer”, but the discount was never applied.
Bosses at Lloyds only changed this once the FCA’s investigation was launched.
Lloyds has since made voluntary payments of around £13.5 million to customers who received the letters about a discount that was never applied and this was taken into account w
And id wager there some in the us that would like to pick the bones of PFC and absorb them into a us set up.
My take onit, we got a US terrorist in charge of sfo. , [ to my mind, any one US, in any authority with international affairs is a terrorist, just look at the us,s track record for terrorism in one for or another ]
and the us aint to interested in a non us, or us run set up doing work with oil.
call me cynicle, but there been so many cases of us involvement in oil, which goes right up to presidents, and their familys and hangers on. manipulating things for their own benefits.
and in the process killing millions of folks.
Michael Brompton, QC, representative of the SFO, said Osofsky held only two “substantive” meetings with Tinsley, but conceded that there may have been “accidental encounters” or cases where they “met in the hallway”.
Lord Justice Tim Holroyde intervened to ask why Tinsley was ever at the SFO. ‘Why was he in the hallway? In the ordinary situation, one would not expect to find an American fixer. . . wander in the corridors of the SFO, ”he said.
Darbishire said Tinsley approached Osofsky in 2018 and cultivated a relationship with the agency. He said the SFO knew and encouraged its efforts to enter into dialogue with Akle and another accused behind the backs of their lawyers. Darbishire said Tinsley’s role was “apparently to get the Ahsanis out of the hands of the SFO” to plead and appear in the United States.
Cyrus and Saman Ahsani both confess to bribe in the US in 2019 and await sentencing. According to Darbishire, it seems unlikely they will go to jail.
Akle’s appeal has been postponed and will take place later. Another accused Paul Bond, formerly a senior sales manager at Unaoil client SBM Offshore, is also appealing his sentence.
Intresting to see Judge thought same as me about the bloke wandering about the sfo offices, dont add up, unless he was there to do a bit of bonk,n with the lady boss,!!
https://afegames.com/sfo-ordered-to-reveal-potentially-improper-contacts-with-fixer/
SFO ordered to reveal potentially ‘improper’ contacts with fixer
2 hours ago
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The London Court of Appeal has ordered the UK Serious Fraud Office to hand over private texts and other evidence of contacts between the director and a U.S. judge for bribery in bribery after a judge said they were possibly “improper”.
Judges told the Transplantation Agency on Thursday that it should disclose the extent of his relationship with agent David Tinsley in Miami. They spoke at the start of an appeal hearing by Ziad Akle, a former executive at the oil and gas advisory agency Unaoil, who was convicted last year and sent to jail for bribery.
The ruling adds to the pressure on the agency and is the second time the Tinsley contacts have been reviewed. The trial judge of Unaoil criticized SFO director Lisa Osofsky last year and suggested that she fell for the “flattery” of the fixer.
Akle accused Osofsky of urging Tinsley, a former US drug enforcement official who represented Unaoil’s founder Ahsani family, to urge him to plead guilty while trying to reach a soft agreement for his to acquire customers, who are also suspected of bribery.
Akle did not plead guilty, but alleges the conduct of the SFO that led to his conviction was unlawful.
Akle’s lawyer, Adrian Darbishire QC, on Thursday asked the court to compel the agency to hand over documentary evidence revealing what took place between senior SFO officials and Tinsley to proceed with his appeal.
The Court of Appeal told the SFO to explain the “manner and circumstances in which contact was initially made between David Tinsley and the SFO”. It also ordered the agency to hand over all relevant contacts with him and compile all details of unrecorded meetings by conducting interviews with senior staff members.
Mr. Justice Jay said Thursday that there was apparently evidence that the contacts were “improper”. “What is being claimed here is very serious abuse of power by the SFO going all the way to the top,” he said.
Darbishire told the court on Thursday that Tinsley called Osofsky “my new favorite person” in a text message. He said there apparently was no record in Osofsky’s office diaries of any of the six meetings with Tinsley that Akle said took place.
The absence can ‘only meaningfully be part of or the result of a deliberate policy’, he said. ‘It can not be coincidental or coincidental that meetings take place between these two entities. . . accidentally overlooked in terms of record keeping. “Any attempt to deliberately deprive the defense of material material was a ‘distortion of justice’.
The SFO argued on Thursday that Tinsley may have inflated the number of contacts he had with the director, saying the requested disclosure would not help Akle’s case.
Michael Brompton, QC, representative of the SFO, said Osofsky held only two “substantive” meetings with Tinsley, but
Made a bomb on their shorts,
Earned 32.23 million on Petrofac Limited (history)
https://mail.shorteurope.com/history_player.php?player=BLACKROCK%20INVESTMENT%20MANAGEMENT%20(UK)%20LIMITED&land=united_kingdom
whats so different that when a well know terrorist country, tells another country that it has to do this or that or its going to face sanctions, so that countries corrupt politicians and C|EOs can reap massive payment deals
compared to PFCs Mr Lufkin trying to do good for his company.
to me, there no difference what so ever, just one is a small player, the other a worldwide terrorist who have a hold of nearly everything financial.
and here it is on II now
LLOY
400000 LLOYDS BANKING GROUP ORD GBP0.1 44.71p -0.12p -0.28% £198.784.00
some times dreams come true, but no when your awake it seems.
here on LSE, its other ay around
38.60
Bid: 44.71
Ask: 36.16
Change: -0.28 (-0.72%)
Spread:
-8.550 (-22.15%)
Open:
38.775
High:
39.27
Low:
38.60
Yest. Close:
38.88
strange goings on,!!
As I said yesterday, open price higher than should be
todays open price, 44.01
actual sell price when tried was 39.11
even though live data was showing 44.01
so cant make a 20k fortune of that idea day in day out before they cottoned on, grrrrr
any one on II seen this
or is it on other live feeds too
seen it last week or so for about 30 secs after open
SP is well above what it should be, on av about 3p up
if it does it the morrow, will try a sell then a buy back when it drops,
at 8.00 till 8.00.30
LLOYDS BANKING GROUP ORD GBP0.1 41.87p 0.005p 0.01%
26-Feb-21 14:52:14
Asked yesterday, no takers, so ask again
any one aware why trades and prices stopping early,
it seems to be getting sooner as time / weeks go on
any one any ideas whats going on
Been notice,n this or a while now
clock seems to stop and not show later trades
dont show UTs, as clocks stopped
clock seems to be getting stopped sooner as time goes on
any one shed some light on the subject
especially when one gets put on hold, or that department is unavailable
so your bet cant be settled, and you get hit with big fine /loss
its happened
Taken from a post that some one cant read, and other wont let go.
RE: 2020 diviToday 10:08
last years divi went on covid loans.... thats why they stopped bank divis to help hard up businesses. how would it look if we all got 3p a share and there was no money for loans
++++ dont forget the government own part of us ++++
and legislate over the banking system and in "times of War" do what they feel they need to do even if it means were out of Cavier and Champane
This cut an paste should stop this stupidity once and for all
++++ my highlighted bits
now get out your prams, get your dummys and toys back in, and start playing together
and stop filling this board up with dribble