Ex-Janus Henderson Analyst Found Guilty of WFH Insider Dealing
Redinel and Oerta Korfuzi, were both found guilty by a London jury of conspiring to use insider information while trading, and money laundering. Redinel, 38, used confidential information about companies issuing new equity to time leveraged short trades between 2020 and 2021.
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Yahoo
an hour ago
- Yahoo
Council leaders weigh up legal challenges to migrant hotels after Epping ruling
Councils across England are considering launching their own legal actions after a district council in Essex secured a High Court victory temporarily blocking asylum seekers from being housed in a hotel in the area. Conservative-run Broxbourne Council in Hertfordshire said it was taking legal advice 'as a matter of urgency' about whether it could take similar action to Epping Forest District Council, which is also run by the Tories. Reform UK leader Nigel Farage indicated the 12 councils where Reform UK was the largest party would consider legal challenges following Tuesday's ruling. Writing in the Daily Telegraph, Mr Farage said the local authorities would do 'everything in their power to follow Epping's lead'. On Tuesday, a High Court judge ruled the former Bell Hotel in Epping must stop housing asylum seekers by September 12. Mr Farage added: 'The good people of Epping must inspire similar protests around Britain. Wherever people are concerned about the threat posed by young undocumented males living in local hotels and who are free to walk their streets, they should follow the example of the town in Essex.' The area had seen thousands of people turn out in protest about the housing of migrants in the Bell Hotel. The Home Office had warned the judge that an injunction could 'interfere' with the department's legal obligations, and lawyers representing the hotel's owner argued it would set a 'precedent'. Epping Forest District Council had asked a judge to issue an interim injunction stopping migrants from being accommodated at the Bell Hotel. The hotel has been at the centre of a series of protests in recent weeks after an asylum seeker who was staying there was charged with sexually assaulting a 14-year-old girl. In a post on Facebook, Broxbourne Council said: 'Broxbourne Council will now take legal advice as a matter of urgency about whether it could take similar action.' Meanwhile, the leader of South Norfolk District Council, which covers the town of Diss where a hotel housing asylum seekers has also been the subject of protests, said the council would not go down the same route. Conservative leader Daniel Elmer said the council was using planning rules to try to ensure it was families being housed in the area rather than single adult males. He said to do so, which would effectively convert the hotels into hostels, should require a change of use. Two men have been arrested and charged in connection with a protest in July outside the hotel in Diss, which houses more than 40 children. Cllr Elmer told the PA news agency: 'We make a big play about integration, and to replace families who have children in the local school system and have integrated into the local community would make no sense.' He added: 'If we can punish people who have put up sheds in their gardens without permission, then we can take action against hotels being converted into hostels without planning consent.' Border security minister Dame Angela Eagle said the Government will 'continue working with local authorities and communities to address legitimate concerns'. She added: 'Our work continues to close all asylum hotels by the end of this Parliament.' Lawyers for the Home Office had warned the court that an injunction 'runs the risk of acting as an impetus for further violent protests'. Edward Brown KC also said the injunction would 'substantially interfere' with the Home Office's statutory duty in potentially avoiding a breach of the asylum seekers' human rights. Several protests and counter-protests have been held in Epping since a then-resident at the hotel was accused of trying to kiss a teenage girl. Hadush Gerberslasie Kebatu has denied the charges against him and is due to stand trial later this month. A second man who resides at the hotel, Syrian national Mohammed Sharwarq, has separately been charged with seven offences, while several other men have been charged over disorder outside the hotel. In a ruling on Tuesday, Mr Justice Eyre granted the temporary injunction, but extended the time limit by which the hotel must stop housing asylum seekers to September 12. He also refused to give Somani Hotels Limited, the hotel's owner, the green light to challenge his ruling, but the company could still ask the Court of Appeal for the go-ahead to appeal against the judgment.
Yahoo
an hour ago
- Yahoo
Last batch of rare final Queen Elizabeth II £1 coins entering circulation
The final batch of Queen Elizabeth II £1 coins are entering circulation across the UK, the Royal Mint has announced. More than 23 million Queen coins are being released alongside 7.5 million new King Charles III £1 coins. The Royal Mint said the last of the Elizabeth II coins, dated 2022, are the rarest £1 coins in active circulation. The historic transition – with the dual release of almost 31 million coins – represents a significant moment for UK coinage, as the nation witnesses the changeover from Britain's longest-reigning monarch to her son and heir on the £1 denomination, the Royal Mint said. The Queen's £1 coins will be the final ones bearing Elizabeth II's portrait to enter circulation. Rebecca Morgan, director of commemorative coin at the Royal Mint, said: 'This release represents a pivotal moment in British coinage history. 'As we release more of the King Charles III £1 coins into circulation alongside the final coins of Queen Elizabeth II, we're witnessing the physical representation of our monarchy's transition. 'This dual release creates an exceptional opportunity for both seasoned numismatists and those new to coin collecting.' The Royal Mint is encouraging the public to check its change over the coming weeks, as the new coins begin to appear in pockets and tills across the nation. Ms Morgan added: 'Finding these new coins in your change could spark a rewarding hobby that connects you with the heritage, history and craftsmanship behind British currency.' Since the introduction of the King's effigy on UK coinage in 2023, the 50p and £1 are the only denominations with Charles's portrait to have entered circulation so far. The King's £1 coins feature an intricate bee design on the reverse and are part of the Definitive collection, inspired by the flora and fauna of the British Isles. Some 2.975 million £1s with the King's effigy were released in August last year. In total, there are around 24.7 billion coins in circulation across the UK, with the King's coins representing only around 0.004% of those, making his new coins highly desirable to collectors. All UK coins bearing the Queen's portrait will remain legal tender and in active circulation to allow a smooth transition and minimise the environmental impact and cost.
Yahoo
an hour ago
- Yahoo
Kneecap rapper to appear in court for alleged support of terrorist group
A member of rap group Kneecap is due to appear in court for allegedly supporting a proscribed terror organisation. Liam Og O hAnnaidh, who performs under the stage name Mo Chara, is accused of displaying a flag in support of Hezbollah at a gig in November last year. Demonstrations in support of the rapper have been organised outside Westminster Magistrates' Court in London where he is due to appear on Wednesday, as well as in Dublin. The Metropolitan Police has imposed conditions limiting where the demonstration outside the court can take place on Wednesday, saying they were needed to 'prevent serious disruption'. In response the rap group described this move as a 'calculated political decision' that was 'designed to try and portray support for Kneecap as somehow troublesome' and 'asked supporters to go out of your way to be compliant with all instructions issued, irrespective of how pitiful'. O hAnnaidh received a rockstar welcome when he appeared at the same court in June, supported by fellow bandmates Naoise O Caireallain and J J O Dochartaigh. He was greeted by a festival-like atmosphere for his first court appearance, with dozens of fans waving flags, playing drums and one supporter setting off a smoke canister. The court previously heard the 27-year-old defendant is 'well within his rights' to voice his opinions on the Israel-Palestine conflict, but the alleged incident at the O2 Forum in Kentish Town, north London, was a 'wholly different thing'. O hAnnaidh is yet to enter a plea to the charge.
