Trump’s solutions to Iranian shipping threat leave insurance sector unimpressed | Money News

Trump’s solutions to Iranian shipping threat leave insurance sector unimpressed | Money News

Donald Trump’s offer of US-backed insurance and naval escorts for shipping travelling through the Strait of Hormuz has not prevented maritime premiums soaring as underwriters scramble to reassess the risks to oil, gas and cargo vessels. With the Strait of Hormuz effectively closed to shipping following the US attack on Iran, on Tuesday the president…

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Asylum hotel protests expected to swell this weekend – as Farage unveils ‘mass deportation’ plan | UK News

Asylum hotel protests expected to swell this weekend – as Farage unveils ‘mass deportation’ plan | UK News

A weekend of protests and counter-protests outside hotels housing asylum seekers began last night, with dozens expected today. Saturday is set to see more demonstrations across major towns and cities in England, organised under the Abolish Asylum System slogan, with at least 33 planned over the bank holiday weekend. The protests are expected in Bristol,…

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Ex-Carillion boss fined Β£237,700 by regulator for ‘reckless’ behaviour | Money News

Ex-Carillion boss fined Β£237,700 by regulator for ‘reckless’ behaviour | Money News

The former chief executive of Carillion has been fined Β£237,700 by the City regulator for his role in misleading statements by the ​company before its collapse eight years ago. The Financial Conduct Authority (FCA) described Richard Howson’s handling of the construction firm’s communications with the market, ahead of its demise in 2018, as “reckless”. The…

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