Under the proposed terms, the Government will pay 80 per cent of the compensation, up to a maximum of £68,000. Those who still want to fight on in the hope of receiving their principal investments in full can reject the offers when the FSCS contacts them. Approved claimants should get their payments before the end […]

Recent reports suggest that the Vatican is about to close a deal with two private-equity firms to sell a London commercial building at the centre of one of the major scandals of Pope Francis’ office. If it goes through, the likely price will be close to $230 million, which is more than $100 million less […]

A gang that smuggled huge quantities of alcohol into the UK, dodging millions of pounds of VAT at the same time, has been jailed for a total of more than 34 years. The ringleader, Shafqat, or ‘Chas’, Majeed was jailed for 10 years having been found guilty of committing the multimillion-pound VAT and duty fraud […]