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Ex-Staffordshire boss pleads not guilty

A former director of the Staffordshire Building Society has pleaded not guilty to six fraud charges in Wolverhampton Crown Court.

Andrew Thompson, the society&#39s former customer services director, faces two counts of dishonestly obtaining wrongful credit during his time at Staffordshire. Another three charges relate to false accounting, and a final accusation to falsifying petty cash receipts .

Between March and December 2001, Thompson is alleged to have committed an offence involving a sum of £23,122. Another charge relates to the period between April and December 2001 and a sum of £19,060.

Thompson also denies the three charges of false accounting. He is alleged to have falsified a cheque for £350 on March 28 2000. Thompson claimed the cheque as part of legitimate business expenses.

The case was adjourned until the week beginning February 17 and Thompson was released on unconditional bail.


BoE Governor dismisses crash fears

Sir Edward George, governor of the Bank of England, has dismissed fears of a dramatic fall in house prices. Speaking to the BBC last week, Sir Edward said that recent forecasts, which have predicted drops in prices of up to 30%, could not be relied upon. He said: “You shouldn&#39t put too much weight on […]

Labour to halve Right to Buy discounts

John Prescott will this week announce plans to halve the Right to Buy discounts available to council tenants in property hotspots.The government hopes that curbing the scheme will help address the lack of affordable housing available to key workers, as tenants who have bought their homes often sell them to property companies who in turn […]

Half of Britons plan to work after retirement

More than half of Britons plan to work after retirement, in a trend that may mean a number of middle-aged and elderly people delay their application for equity release products. However, one in three plan to retire early in their 50s, shows research by Lloyds TSB Prviate Banking. In contrast to the average Brit, more […]

Act has nothing to do with consumer protection

From Charles BanburyIn response to your story on CP159 in Mortgage Strategy December 16, what all this shows is how wrong the regulators have been.When I entered this business in 1978 the way to deal with competition was to select the best product offered by providers. You did not have to be a rocket scientist […]

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Johnson Fleming set to host webinar on auditing auto-enrolment schemes

With 23 auto-enrolment compliance notices issued by the Pensions Regulator, and an evolving legislative landscape meaning previously compliant schemes may now be in breach of regulation, now is the time to think about auditing your auto-enrolment scheme. Johnson Fleming is hosting a webinar on 9 October at 11:00 on how to audit your scheme to ensure compliance, avoid breaches and fines and overcome data issues.


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