The Office of Fair Trading has announced that it will offer rewards of up to £100,000 to anybody who provides information that can show British businesses are involved in price fixing-cartels. Price fixing is illegal in the UK- last year British Airways was fined £121 million after being found guilty of making a secret agreement […]
29 Feb, 2008
Posted by: Lance In: News
According to this story in today’s Financial Times, a global survey of financial industry workers has found that New York is overtaking London as the world’s financial capital. The nationalisation of Northern Rock and government plans to clamp down on tax-breaks for wealthy foreigners were cited as the two main reasons for the city’s declining […]