The scammers behind London Carbon Credit Company and Henderson International Associates have been jailed.
Category: UK
Philip Hammond’s Autumn budget statement did not ban cold calls. But the government will hold a consultation before Christmas
Yesterday (23 November 2016), the UK chancellor gave his Autumn budget statement. Last week, there were several media reports that the chancellor was going to ban cold calls about pensions.
UK to make cold calling about pensions illegal
The UK government is to ban cold calling to sell pension investments. Philip Hammond, the UK chancellor, will announce the ban in his first budget statement tomorrow (23 November).
Thorn Medical withdraws from listing on London Stock Exchange
In January 2016, Thorn Medical, a healthcare company, announced that it was planning to list “within the next two months” on the London Stock Exchange with a valuation of £350 million. In February 2016, Lord Beaverbrook joined Thorn Medical as Chairman. In October 2016, Thorn Medical wrote to its shareholders to tell them that the…
Sign the petition to make cold calling illegal in the UK
I’ve been writing about boiler rooms and investment scams for the last four years. I started in May 2012 with a post about a warning from the Financial Services Authority about the dangers of buying carbon credits as investments.