FSA reveals scale of interest rate swap scandal
By Laura Moulden The Financial Services Authority (FSA) has revealed the scale of the scandal facing British banks over interest rate swap mis-selling. In a report released this morning (January 31st),...
View ArticleLibor scandal: RBS hit with £390 million fine
By Lauren Grice The Royal Bank of Scotland (RBS) has been fined £390 million by regulators in the US and UK over its involvement in the Libor rate-rigging scandal. Of the sum, £87.5 million was imposed...
View ArticleHorsemeat scandal: FSA demands tests on all beef products
By Gerald Heneghan The Food Standards Agency (FSA) has demanded that the UK food industry carries out authenticity tests on all beef products as part of the ongoing investigation into horsemeat...
View ArticleHorsemeat scandal: FSA issues further guidance
By Laura Moulden The Food Standards Agency (FSA) has issued further guidance on the contamination of beef products with horsemeat. According to the body, the significant amount of tainted meat points...
View ArticleHorsemeat scandal: Legal action begins in Europe
By Gerald Heneghan Court cases related to the ongoing horsemeat contamination scandal are set to begin today (February 11th) in Europe. Britain is set to hold crisis talks with a number of countries on...
View ArticleHorsemeat scandal: FSA begins meat plant raids
By Laura Moulden The Food Standards Agency (FSA) has raided two premises involved in the alleged supply of horse meat to British supermarkets. Peter Boddy Licensed Slaughterhouse in Yorkshire and...
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