Tag: fined

Sort: Date | Title | Views | | Random Sort Ascending
View:

Energy firms fined after subsea cable delay pauses Scottish windfarms

28 Views0 Comments

Two energy companies will pay a record £158m fine after delays to a major subsea power cable bringing renewable energy from Scotland to England and Wales caused home energy bills to rise. National Grid and Scottish Po...

Poland fined €1m a day over controversial judicial system changes

64 Views0 Comments

Poland has been fined €1m (£845,000) a day by the European court of justice for ignoring a ruling that it must suspend its controversial judicial system changes. The inflammatory move, which runs contrary to recent wo...

Blackhawks president resigns and team fined after sexual assault probe

87 Views0 Comments

The Chicago Blackhawks mishandled allegations that an assistant coach sexually assaulted a player during the team’s Stanley Cup run in 2010, according to an investigation commissioned by the franchise that cast a shad...

Marjorie Taylor Greene fined third time for refusing to wear mask on House floor

71 Views0 Comments

A Georgia Republican who compared rules on mask-wearing against Covid-19 to the Holocaust and another who said Trump supporters who invaded the Capitol on 6 January behaved like “normal tourists” have been fined for f...

Facebook fined £50.5m for breaching order in Giphy takeover investigation

22 Views0 Comments

Facebook has been fined £50.5m for breaching an order imposed by the UK competition regulator during its investigation into the purchase of the gif creation website Giphy. The Competition and Markets Authority (CMA), ...

Credit Suisse fined £350m over Mozambique ‘tuna bonds’ loan scandal

83 Views0 Comments

Credit Suisse has been fined nearly £350m by global regulators, pleaded guilty to wire fraud, and agreed to forgive hundreds of millions of dollars worth of debt owed by Mozambique in an attempt to draw a line under t...

Motorist fined after CCTV confuses his number plate with woman’s T-shirt

76 Views0 Comments

David Knight was baffled when he received a fine for driving in a bus lane in Bath – about 120 miles away from his home. But the builder and his wife, Paula, who live in Dorking, Surrey, laughed when they examined the...

Petrofac fined £70m over bribes to secure Middle East contracts

45 Views0 Comments

A multinational firm that was headed by a Tory party donor has been fined £70m after admitting it used “systemic” bribery to secure large contracts. The fine was imposed on Petrofac on Monday after it admitted to payi...

Patisserie Valerie auditors fined £2.3m over ‘serious lack of competence’

20 Views0 Comments

The auditor of Patisserie Valerie has been fined £2.3m and accused of a “serious lack of competence” over its role in the accounting scandal that led to the collapse of the cafe chain. Grant Thornton, which served as ...

EY fined by UK accountancy watchdog over Stagecoach audit failings

37 Views0 Comments

EY has been fined more than £2.2m by the UK accountancy watchdog for failing to properly challenge Stagecoach bosses when auditing their accounts for 2017. The Financial Reporting Council (FRC) has also sanctioned Mar...

KPMG fined £13m over sale of Silentnight to private equity firm

41 Views0 Comments

KPMG has been fined a near-record £13m and severely reprimanded by an independent tribunal for misconduct, in a long-running case relating to the the sale of bed-maker Silentnight to a private equity group in 2011 . T...

Pharma firm Advanz fined after thyroid drug price hike of 6,000%

61 Views0 Comments

The UK’s competition watchdog has imposed fines of more than £100m on pharmaceutical company Advanz and its former private equity owners, after it was found to have inflated the price of thyroid tablets by up to 6,000...

UK drug companies fined £260m for inflating prices for NHS

50 Views0 Comments

The UK’s competition watchdog has imposed fines totalling more than £260m on pharmaceutical companies after an investigation found that they overcharged the NHS for hydrocortisone tablets for almost a decade. The Comp...

Google fined €500m by France’s antitrust watchdog over copyright

46 Views0 Comments

France’s antitrust watchdog has fined Google €500m (£428m) for failing to comply with the regulator’s orders on how to conduct talks with the country’s news publishers in a row over copyright. The fine comes amid inte...

Southern Water fined £90m for deliberately pouring sewage into sea

41 Views0 Comments

Southern Water has been fined £90m for deliberately dumping billions of litres of raw sewage into protected seas over several years for its own financial gain. Mr Justice Jeremy Johnson, sentencing the privatised wate...

Lloyds fined £90m for letters’ false pledge on competitive insurance

58 Views0 Comments

Lloyds Bank’s insurance arm has been fined £90m for sending insurance renewal letters to customers suggesting they were getting a “competitive price” without backing up the claim. Between January 2009 and November 201...

« Prev