Iceland agrees to compensate UK
June 19, 2009 by admin
Filed under News, News-Banking
It has been revealed that the Icelandic government has finally agreed to repay the UK as well as the Dutch authorities following the collapse of the Icelandic banking system. Read more
Tags: compensation, agreement, icesave, uk government, scheme, Icesave dispute, uk savers, banks
Man steals from boss to pay mortgage
July 28, 2007 by admin
Filed under News, News-Mortgages
A North West shop worker has admitted to magistrates that he stole money from his boss to make his mortgage payments, the Wirral Globe reports.
John Griffiths, who previously worked for the Carpet Company outlet in Birkenhead, has admitted to stealing £1,821 from the business.
The court heard how the acts were discovered by fellow employees after discrepancies on sales documents were investigated.
It was revealed that, on around fifty occasions, he had made illegal transactions, all in cash.
Mr Griffiths apologised to the court, and said that he felt at the time that he had no choice but to steal, if he was to keep his home. He had been suffering from mortgage problems for some time.
The newspaper added that he had admitted to having “let himself down”.
He has been sentenced to 180 hours community work and is to pay £500 towards compensation.
