Paul Pascoe
@theoracle99
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Businessman/investor who deplores white collar crooks, bullies, liars and injustice.
London, England
Joined January 2013
Lloyds Bank CEO appears to admit breaking stock exchange rules and UK laws by not disclosing price sensitive information in a timely manner if necessary to retain (unjustified) confidence in the bank! May explain a lot eg why he denied the HBOS fraud & obstructed the police
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The parodies of the John Lewis Christmas ad seeming to be coming out earlier than ever!
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One would think that if, as here, 86% of a decent sized sample of solicitors broke the law of the land, the regulator would ramp up investigations & enforcement. But no, either the SRA is incompetent or prefers to look the other way. Is there any regulator that is any good?
Further evidence, if needed, that many solicitors seem unwilling or unable to operate ethically. https://t.co/k01ab3cMc8
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Further evidence, if needed, that many solicitors seem unwilling or unable to operate ethically. https://t.co/k01ab3cMc8
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BREAKING NEWS - FSCS appears to be upholding claims made by Blackmore Bond Series 1 bondholders against the FCA authorised and regulated insurance broker, Lonsdale Insurance Brokers limited!!!!! This is HUGE news. This appears to mean up to £18m invested by more than 800
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The Business Banking Resolution Service admits in Court it was setup to be deliberately unfair, had no duty to complainants, only obligations to the interests and reputations of the banks, and because they paid for it! Contrary to what Treasury Ministers, banks and UK Finance
thetimes.com
Leading MP launches scathing attack on the Business Banking Resolution Service after it said it didn’t need to comply with its own rules
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@sra_solicitors gets a justifiable kicking. The arrogance of regulators & resulting blindness to public complaints is a common theme. It’s a great shame they don’t see us as the useful, free resource we are & harness our power. https://t.co/mv68hZtq65
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Following the recent Government statement, as former Post Office Minister I wanted to highlight an update regarding Post Office redress. The Horizon Shortfall Scheme closes to new applications on 31 January 2026. Visit https://t.co/P1Rv7p08Bu to learn more and, if you think you
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Bank of England chief warns of ‘worrying echoes’ of 2008 financial crash. Dash to the next crash: Post-2008 crash laws mostly repealed. No regulation of shadow banking More deregulation. Bankers collect rewards for speculation, people fund bailouts. https://t.co/P75Xa3pU8U
theguardian.com
Andrew Bailey says a close look is needed at the private credit market after collapse of two big US firms
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New date set for court documents pilot: https://t.co/q6OAYk9E2o
lawgazette.co.uk
Access to public domain documents pilot to begin on 1 January.
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@theoracle99 @DoctorChrisVT @Channel4 @thebodycoach My son is a walking talking testament to the link between allergies and Autism and that if identified can lead to a truly transformative 'management' or treatment of the condition. Yet the Government under Blair shut down funding for Sunderland University's research into the
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Lloyds warns car finance scandal could cost it £2bn. No one forced it to mis-sell financial products. Execs got bonuses but won't bear any of the cost. Lloyds promised to investigate HBOS frauds, promised a report by 2018. Still waiting. FCA does nothing https://t.co/7QuBKQNOyV
bbc.co.uk
The bank has set aside an additional £800m, saying the number of eligible claims is expected to be higher than previously thought.
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DBT announces it’s funding an evaluation exercise to assess the effectiveness of the Horizon Scandal redress schemes. Can it not just speak to the survivors, their legal teams, Sir Wyn and the Horizon Compensation Advisory Board? Then give the money it’s saved to Betty Brown?
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By its own admission, Post Office takes an average of 315 days to issue an HSS Assessed Claim Offer (target 180 days) and 152 days for a HSS Fixed Sum Award (target 30 days). The total number of eligible applicants to the HSS alone now stands at 10,918: https://t.co/aeD1WfrPXB
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This hasn’t aged well. Lloyds just increased its provision for the car loan scandal to £2b. 18 mths ago it claimed less than ¼ of that was realistic. @Carlier_J87 explained why that was dishonest or incompetent. How can the bank know less than an outsider 🤔
Lloyds Bank CEO, Chair and senior Counsel should resign. They dishonestly represented to shareholders and the market what they knew their true exposure to costs from car finance was, and manipulated the stock price as a result. Play the short video of my question and my
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On the one hand it seems there are mountains of documentary evidence; & on the other there are implausible & unsubstantiated denials & ad hominem attacks. It reminds me of Michelle Mone. Crispin Odey, Michael Jackson, Sara Murray & secret offshore trusts
cityam.com
With the Big Technologies drama likely months away from a conclusion it seems a sorry state of affairs for an otherwise successful company.
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Lloyds Bank yet again used unrealistic provision for liabilities for defrauding customers. It’s manipulation- not a best estimate. @Carlier_J87 challenged Budenberg at AGM 18 months ago to resign when his £500m proved wrong. B refused as he knew it was. This is criminal
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Douglas Barrowman to the media: there was a mountain of evidence Douglas Barrowman to the court: he didn’t give evidence.
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2/2 2.5 years ago a 19 year old (my daughter) was sufficiently alarmed to highlight the cult of high protein foods. Why are the regulators & Government asleep at the wheel? @KEOfilms
https://t.co/CnS02c5SpF
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1/2 Pleased to see this important subject getting attention. It’s not new but being successfully buried by the powerful food lobby. The potential risks have been apparent for years. @DoctorChrisVT @Channel4 @thebodycoach
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