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European Court refuses to hear Northern Rock appeal case

Dennis Grainger, campaigner and lead plaintiff for the Rock small shareholders in the fight for fair
compensation, says that 150,000 small shareholders will be shocked, baffled, startled and angered
by the sad and strange ‘Decision’ (not a ruling) of the European Court of Human Rights (ECtHR).

Vist Action Groups / Northern Rock on this website for details of the latest setback to the campaign for fair compensation for shareholders.

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UKSA attacks Money Advice Service

UKSA has responded to a call for evidence from a Treasury Sub-Committee enquiring into the performance of the Money Advice Service (MAS). UKSA takes a keen interest in financial education and advice, as fundamental to maintaining a population of informed private shareholders.

UKSA’s response provides evidence to support a raft of critical conclusions, including:

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UKSA Submission to the Treasury Select Committee

Treasury Committee announces terms of reference for corporate governance and remuneration inquiry
The Treasury Select Committee today published the terms of reference for a new inquiry into corporate governance in systemically important financial institutions.
All written evidence should be sent to treascom@parliament.uk . The deadline for submissions is 24 May.
The Chairman of the Treasury Select Committee, Andrew Tyrie MP, commented:

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Does anybody own Greek Sovereign Debt?

This message was send to UKSA by our associates Euroshareholders who are lobbying on behalf of individual holders of Greek Bonds. If you are unfortunate enough to own any please contact Aleksandra direct. Click on the file link below for more information.
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Forwarded Message -----
From: Aleksandra Palinska palinska@euroshareholders.eu
Sent: Thursday, 7 June 2012, 11:17

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ANOTHER TAKEOVER BY THE BACK DOOR : Cable & Wireless Worldwide

The UKSA policy team is increasingly concerned about takeovers by ‘schemes of arrangement’. Vodafone’s bid for CWW is yet another. This form of takeover, under Part 26 of the Companies Act, enables an acquirer to secure 100% of the shares without the participation of private investors holding shares in nominee accounts (as in ISAs). This is because shares in nominee accounts are legally owned by the account provider, not by the investor and only registered shareholders are legally entitled to vote. Some nominees will facilitate client participation, but not all.

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The Private Investor, May 2012 edition

The latest edition has just been published. Contents include:

The Kay Review – an update and some matters to ponder
The UKSA Website – a guide.
Boardroom Remuneration – a gathering storm or a flash in the pan?
Investment Trust AGMs
Our Members’ Survey

Members should logon and download from the Members Area. Some sample back issues are available for non members from the Publications menu.

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UKSA's new response to the Kay Reveiw

To: The Kay Review
Department for Business Industry & Skills, Spur1, Floor 3, 1 Victoria Street, London SW1H 0ET
From: UK Shareholders Association 25th April 2012

Dear Sirs,

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Renew your membership

Renewing your UKSA membership is quick and easy, ensuring uninterrupted access to all the advantages of membership.

Responsible Investing

 

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TPI

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