The multi-millionaire founder of Amstrad has complained to Lloyds Banking Group over its sale of a hedging product on a loan taken out against part of his property empire.
Lloyds has received a letter of complaint from Lord Sugar, who, according to one source, is seeking the return of about £10m in break fees paid to Lloyds to cancel the interest rate hedging contract.
Lord Sugar is understood to be considering legal action should his complaint be unsuccessful. The derivative is understood to have been for £97m and was taken out to protect against a rise in interest rates on a Lloyds loan.
A spokesman for Lord Sugar declined to comment. Lloyds also declined to comment.
Egypt’s problems are so big, other nations are getting involved. May their help be helpful.
Early indications, however, are mostly complicating. A number of foreign envoys met with government and Islamist leaders, supposedly to work out a compromise solution to the political crisis. None was reached and the sit-ins in support of Morsi continue, but each had differing perceptions of blame.
The Israeli band 'Cafe Shachor Chazak' (Strong Black Coffee) is composed of five performers who write, sing and play music which has been characterized as a fusion of hip-hop and reggae with Ethiopian flavors. Four of the band members are Ethiopian Israelis and all are Israeli immigrants absorbed in Netanya.
Here's the video for their song, "Only Up."
"Our neighbour was convicted of sex crimes against children... so how do we tell puzzled youngsters they are no longer free to roam?"
Meg Henderson found out that a neighbour was a paedophile
… a very near neighbour had appeared in court, where he admitted making and distributing indecent images and videos of children.
He had also engaged in sexual activity with underage girls and sent indecent communications to other children over the internet.