Woodford in Govt talks over £250m tech start-up fund
Neil Woodford is in talks with the government to allocate capital to a initiative to back early-stage tech ventures outside London.
VN-CP Holds its May Investor Update and New Projects launch in London
This is an invitation only event with a limited number of spaces available. Updates on VNA, VN-HPG and VN-ADS will be presented together with demonstrations of the TCP detector. Sponsored by Simmons Gainsford LLP, drinks and canapés will be served from 6pm onwards, followed by update presentations on the projects mentioned below. The event will be held at SG [...]
Cricketers face £3m bouncer as taxman targets film schemes
SIX former England cricket captains face losses totalling millions of pounds after investing in film schemes. Half of the England cricket team who in 2005 wrested the Ashes back from Australia for the first time in 18 years, have been caught up in an investment crisis that has also seen scores of footballers face losses [...]
Ex-adviser found guilty of cheating HMRC through film investment scheme
A former adviser has been found guilty of conspiring to cheat the public revenue by attracting investors to a film investment scheme to evade paying tax. The Times reports former Greystone Financial Services director Neil Williams-Denton was convicted yesterday, and was also convicted in an earlier linked trial in September. Separately, three former City traders have [...]
PARIS ‘COP21’ OUT – 2,500 new coal plants will thwart any Paris pledges
More than 2,400 coal-fired power stations are under construction or being planned around the world, a study has revealed two weeks after Britain pledged to stop burning coal. The new plants will emit 6.5 billion tonnes of carbon dioxide a year and undermine the efforts at the Paris climate conference to limit global warming to [...]
Volkswagen and Audi hit with lawsuit from Australian car owners
Volkswagen and Audi have been hit with two class action lawsuits from Australian car owners. In a case which could claim billions of dollars in compensation, Bannister Law has filed two class actions in the federal court on behalf of Australians whose diesel vehicles contained emissions defeating devices. More than 100,000 local cars have been caught [...]
VW rivals scrapped US small diesel car plans over emissions rules
Mazda and Honda scrapped plans to introduce small diesel vehicles into the US market because of the difficulty of meeting the tough American emissions regulations, the Japanese manufacturers have told the Financial Times. Their accounts underline how far out of line Volkswagen was with the broader car industry when it pushed ahead with bringing small diesel vehicles to the US. In [...]