‘Open season’ for pension fraudsters
Craig TaylorThe new pension freedoms will be an ‘open season’ for fraudsters trying to steal people’s savings, according to the industry. BBC News – Business
Business
Fraud office probes Bank auctions
The Serious Fraud Office is investigating liquidity auctions held by the Bank of England during the financial crisis, the Bank says. BBC News – Business
Fiat boss wary over tech challenge
The traditional motor industry would be foolish to ignore moves by Google and Apple into car technology, says Fiat-Chrysler boss Sergio Marchionne. BBC News – Business
Oligarch faces North Sea deal block
The UK government says it will block the sale of 12 North Sea oil and gas fields to Russian oligarch Mikhail Fridman. BBC News – Business
MPs call for energy switch ‘refunds’
Energy price comparison sites should compensate customers who changed to tariffs that may not have been the cheapest deals, MPs say. BBC News – Business
Lloyds to resume dividend payments
Lloyds Banking Group confirms that it will resume paying dividends to shareholders for the first time since the financial crisis in 2008. BBC News – Business