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Former Energy Minister sued over alleged London Capital and Finance fraud

@peter_IFAMAG reads Twitter so you don’t have to.

Thirteen people, including a former UK energy minister, are being sued for £178m in connection with alleged fraud at London Capital & Finance. Elsewhere on Twitter, another challenger bank gets a little more conventional, and pundits react to a bad day for tech stocks.

Big American tech stocks fell sharply yesterday.

Jerome A Powell had this to say.

Challenger bank Tandem had valuation downgraded to £90m and announced a change in direction.

The UK confirms plans to increase the age of access to private pensions.

A fund manager at Germany’s third-largest asset manager suspended over suspected insider trading.

And finally, the London Capital and finance story thickens. Now embroiled in the alleged fraud is a former UK energy minister, Mark Taber comments.

What are your thoughts on these tweets?

Tweet your responses to @peter_IFAMAG

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