payoff

63 days ago

An £11m payoff and ICO now rules Alison Rose DID breach data protection rules in the NatWest Farage scandal. Twice

As I noted at the time, there is one rule for the great and good and another for we dirty plebs. The Information Commissioners Office (ICO) has today ruled that former NatWest (NWG) CEO Alison Rose, not once but twice, breached data protection laws in leaking details of Nigel Farage’s bank account to the BBC reporter Simon Jack. Well there’s a shock. You don’t say. But is the ICO going to do anything about it?

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177 days ago

Tom Winnifrith Bonus Bearcast: The £2.3m Alison Rose NatWest scandal and the "dirty dozen" at the Regtech Open £60m scandal

If my voice holds out I shall do another bearcast later. Meanwhile I discussed the scandal of Alison Rose’s payoff. at NatWest Group (NWG) . It is symptomatic of how the 1% in the media, business & political elites live by wholly different rules and values to the 99% and why we oiks have every right to be ever more angry. Then it is onto the “dirty dozen” and the scandal of the FCA approving the £60m IPO of Regtech Open where fair value is patently zero.

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326 days ago

Tom Winnifrith Bearcast: Harry Adams of Kefi, well done you old dog but is woke miner Pensana "fecked" and a short?

In today’s Bearcast I look at Kefi Gold & Copper (KEFI) on what is a great day for we loyal shareholders, Wildcat Petroleum (WCAT), Graft Polymer (GPL) – should that be Grift Polymer – and MGC Pharmaceuticals (MXC). Then it is onto Versarien (VRS) and the Neill Ricketts payoff and bailout placing and Pensana (PRE) which must by now be at death’s door: a £55 million market cap looks full in the circumstances and a statement is needed. Finally, that old scallywag Lenigas of Pennpetro (PPPhas doubled down after my earlier expose. He would not dare behave like this in America. 

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2802 days ago

Truly ashamed of West Ham today as it fires Tony Carr with a peanuts payoff

Tony Carr is the man who has enabled West Ham to retain its claim to be "The academy". For 43 years he has brought all sorts of youth talent through the ranks: Terry, Ferdinand (A&R), Cole (J), Carrick, Noble, Defoe, Oxford, Fat Frank Lampard etc, etc, etc. And yesterday he was made redundant with a payoff of just £14,000 which is the statutory amount. It is also less than one day's pay for some of our first team squad. It is a truly disgraceful way to treat a loyal club servant and it is a moment of shame for the club I support.

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