Good morning: The fallout from the Bell Pottinger scandal continues. Mr Geoghegan was chairman of the remuneration committee and senior independent director. In a brief stock exchange statement this morning the company said that he had stood down “with immediate effect”. At 6.53am Brent crude was trading at $55.7 a barrel and the pound was trading at $1.358 against the dollar and at €1.137 against the euro. “This is within the group’s modelled range of claims for an event of this nature and reinsurance protections for the group…
Source: The Times September 18, 2017 07:52 UTC