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  • PRESS RELEASE : Brazilian teak plantation investments boss banned after customers lost more than £8.5 million [April 2025]

    PRESS RELEASE : Brazilian teak plantation investments boss banned after customers lost more than £8.5 million [April 2025]

    The press release issued by the Insolvency Service on 22 April 2025.

    Director banned following Insolvency Service investigation into sale of investment bonds.

    • Guy Conroy was a director of Green IS Group Limited and GIS Forestry Limited, which offered customers the opportunity to invest in teak trees on plantations in Brazil
    • Conroy allowed Green IS Group and GIS Forestry to mislead their customers, breaching contractual obligations in the process
    • At least £8.525 million was owed to investors when the companies went into liquidation in March 2022

    The director of two companies which claimed to run teak plantations in Brazil has been banned after investors lost more than £8.5 million.

    Guy Conroy, 57, was the director of Green IS Group Limited and GIS Forestry Limited which offered customers the opportunity to invest in teak trees on its plantations.

    Conroy allowed the companies to provide misleading information to customers telling them their investments were secured and there were safeguards to protect their money.

    However, at least 250 investors were owed millions of pounds when the companies went into liquidation in 2022.

    Conroy, of Upper Richmond Road, London, has been disqualified as a company director for 11 years.

    Ann Oliver, Chief Investigator at the Insolvency Service, said:

    Green IS Group and GIS Forestry traded in a manner which was completely unacceptable and not in the public interest.

    Guy Conroy was a director of both these companies. He allowed them to mislead investors who lost out on millions of pounds as a result of his actions.

    Conroy’s conduct is not what we would expect of company directors which is why we have taken steps to remove him from the corporate arena until March 2036.

    Both Green IS Group and GIS Forestry generally sold bonds for £5,000 each with a fixed term between two and 10 years and interest rates of between 8% and 11%.

    At the end of each bond’s term, they were to be redeemed by the companies, repaying the initial investment amount to the customer.

    Customers thought they were buying rights to teak trees or saplings on plantations in Brazil, but the companies selling the bonds did not have the correct ownership rights.

    No debenture over Green IS Group’s assets was ever registered at Companies House and security over GIS Forestry’s assets was only registered in October 2020 despite the company issuing bonds from December 2014.

    Investors lost out on at least £8.525 million as a result of these investments.

    The majority of investors were based in the UK and the largest claim from a creditor in the liquidation process was £636,000.

    Both Green IS Group and GIS Forestry were placed into compulsory liquidation on the same day in March 2022 following winding-up petitions from creditors.

    The Secretary of State for Business and Trade accepted a disqualification undertaking from Conroy, and his ban started on Thursday 27 March 2025.

    It prevents him from being involved in the promotion, formation or management of a company, without the permission of the court.

    The liquidator has also obtained records and met with Conroy and the other directors in an attempt to identify and recover company assets.

    Further information

    • Guy Conroy is of Upper Richmond Road, London. His date of birth is 22 June 1967
  • NEWS STORY – Chris Rampling Appointed as UK Ambassador to the Netherlands

    NEWS STORY – Chris Rampling Appointed as UK Ambassador to the Netherlands

    STORY

    The UK government has announced the appointment of Chris Rampling as His Majesty’s Ambassador to the Kingdom of the Netherlands. He will succeed Joanna Roper CMG and is set to assume his new role in July 2025. Rampling brings extensive diplomatic experience to the position. His recent roles include serving as Acting Director-General for Defence & Intelligence at the Foreign, Commonwealth & Development Office (FCDO) from 2023 to 2024, and as National Security Director from 2020 to 2024. Previously, he was the UK Ambassador to Lebanon between 2018 and 2020. His career also includes postings in Brussels, Amman, and various roles within the FCDO, focusing on foreign policy, defence, and counter-proliferation.

    The Netherlands hosts key international institutions, including the International Court of Justice and the Organisation for the Prohibition of Chemical Weapons. Rampling’s appointment comes at a time when the UK aims to strengthen diplomatic ties and collaborate on global challenges. Joanna Roper, the outgoing ambassador, has served since 2020. Her tenure included navigating post-Brexit relations and fostering UK-Dutch cooperation across various sectors.

  • PRESS RELEASE : Change of His Majesty’s Ambassador to the Netherlands – Chris Rampling [April 2025]

    PRESS RELEASE : Change of His Majesty’s Ambassador to the Netherlands – Chris Rampling [April 2025]

    The press release issued by the Foreign Office on 22 April 2025.

    Mr Chris Rampling has been appointed His Majesty’s Ambassador to the Kingdom of the Netherlands in succession to Ms Joanna Roper CMG. Mr Rampling will take up his appointment during July 2025.

    Curriculum vitae

    Full name: Christopher Maxwell Rampling

    Date Role
    2023 to 2024 FCDO, Director-General (acting) Defence & Intelligence
    2020 to 2024 FCDO, National Security Director
    2018 to 2020 Beirut, Her Majesty’s Ambassador
    2014 to 2018 Brussels, UK Permanent Representation to the EU, Foreign Policy, Defence and Development Counsellor
    2013 to 2014 FCO, Head Corporate Services Programme
    2013 Secondment to The Prince’s Trust
    2009 to 2013 Amman, Deputy Head of Mission
    2007 to 2009 FCO, Deputy Head, Counter Proliferation Department
    2005 to 2007 FCO, Team Leader, Turkey Team
    2003 Jerusalem, Political and Press Officer
    2002 to 2005 Tripoli, Political and Press Officer
    2000 to 2002 Pre-posting training (including Arabic language training, Cairo)
    1999 to 2000 FCO, Desk officer, Turkey/Malta
    1999 Joined FCO
    1996 to 1999 Private sector (Insurance)
  • NEWS STORY : U.S. Markets Tumble Amid Escalating Clash Between President Trump and Fed Chair Jerome Powell

    NEWS STORY : U.S. Markets Tumble Amid Escalating Clash Between President Trump and Fed Chair Jerome Powell

    STORY

    U.S. financial markets experienced significant turmoil today as the ongoing dispute between President Donald Trump and Federal Reserve Chair Jerome Powell intensified, raising concerns about the central bank’s independence and the nation’s economic stability.President Trump publicly criticised Powell on social media, labelling him a “major loser” and urging the Federal Reserve to cut interest rates to stimulate the economy. This attack comes despite inflation rates remaining above the Fed’s 2% target, with food prices continuing to rise and Trump’s new tariff policy being seen as inflationary.

    In response, Powell reaffirmed the Federal Reserve’s commitment to its mandate and indicated he would not resign if asked by the President. He emphasised the importance of the Fed’s independence in making decisions aimed at controlling inflation and ensuring long-term economic health. Powell refused to match the personal abuse thrown by the President, who some analysts have suggested is trying to distract from his chaotic economic policy.

    The public feud has unsettled investors, leading to a sharp decline in major stock indices. The Dow Jones Industrial Average fell by 1,000 points, while the S&P 500 and Nasdaq each dropped nearly 3%. The U.S. dollar also weakened, hitting a three-year low, as investors sought safe-haven assets like gold, which surged to record highs. Analysts warn that undermining the Federal Reserve’s autonomy could have long-term repercussions for the U.S. economy, potentially leading to higher inflation and reduced investor confidence. The central bank is expected to carefully assess the situation in its upcoming policy meetings, balancing the need to control inflation with the risks posed by political pressures.

    As the situation develops, market participants and policymakers alike will be closely monitoring the dynamics between the White House and the Federal Reserve, given their significant implications for economic policy and financial stability.

  • NEWS STORY : UK Government Minister Stephen Morgan Supports Donald Trump Addressing Parliament

    NEWS STORY : UK Government Minister Stephen Morgan Supports Donald Trump Addressing Parliament

    STORY

    The Education Minister Stephen Morgan has expressed support for former U.S. President Donald Trump speaking to the UK Parliament, amid debates over the appropriateness of such an invitation.In an interview with LBC, Morgan stated, “I wouldn’t support such a block. It’s really important that we continue strong relationships with our allies.”  The proposal for Trump to address Parliament has sparked discussions among MPs, with some expressing reservations due to his controversial policies and statements.

    However, Morgan emphasised the significance of maintaining diplomatic ties, noting that engaging with global leaders is crucial for the UK’s international relations. The decision to invite a foreign leader to speak in Parliament typically involves consultations among parliamentary authorities and government officials. As discussions continue, the government has not yet announced a formal invitation to Trump.

  • NEWS STORY : Ashcroft Poll Reveals Voter Skepticism on Trump’s Tariffs and Conservative Expectations for Local Elections

    NEWS STORY : Ashcroft Poll Reveals Voter Skepticism on Trump’s Tariffs and Conservative Expectations for Local Elections

    STORY

    A recent poll conducted by Lord Ashcroft indicates that UK voters across the political spectrum anticipate a reduction or elimination of U.S. tariffs as President Trump negotiates trade deals globally. However, there is limited confidence in Prime Minister Keir Starmer’s ability to safeguard Britain’s interests during these developments.The survey also highlights that most Conservative voters expect gains in the upcoming local elections, a scenario that may not materialise, posing challenges for Conservative Party leader Kemi Badenoch.Key political stories recalled by respondents include President Trump’s tariff policies and the UK government’s intervention in British Steel. Other issues, such as immigration and policing practices, were predominantly noted by Reform UK supporters.

    When asked about the current global landscape, voters were divided: 31% believe the era of globalisation is ending, while 29% think it persists. A plurality (43%) view globalisation positively, though Reform UK voters are more inclined to see its decline as beneficial.

    Regarding the UK’s position on tariffs and global uncertainty, opinions are split. Approximately 30% feel the UK would be better equipped within the EU, another 30% believe the country is better off outside it, and 22% think EU membership would make no difference. The poll also reveals that 49% of voters prefer maintaining the current UK-China relationship, with smaller percentages advocating for closer or more distant ties. Labour, Green, and SNP supporters are more open to strengthening relations, whereas Conservative and Reform voters lean towards distancing.

  • NEWS STORY : Starmer and von der Leyen to Meet in Brussels for Post-Brexit Relationship Reset

    NEWS STORY : Starmer and von der Leyen to Meet in Brussels for Post-Brexit Relationship Reset

    STORY

    UK Prime Minister Keir Starmer is scheduled to meet European Commission President Ursula von der Leyen in Brussels this week as part of efforts to “reset” the UK’s relationship with the European Union. This meeting aims to address shared challenges and explore avenues for enhanced cooperation in the post-Brexit era.The agenda includes discussions on economic growth, energy security, climate change, and illegal migration. Both leaders have emphasised the importance of pragmatic and constructive dialogue to strengthen ties between the UK and the EU.

    While the UK government has ruled out rejoining the EU’s single market, customs union, or freedom of movement, it remains open to collaborative initiatives that benefit both parties. Potential topics for cooperation include a youth mobility scheme and mutual recognition of professional qualifications. This meeting marks a significant step in rebuilding UK-EU relations, with both sides expressing a commitment to regular summits and ongoing dialogue to address mutual interests and global challenges.

  • Ursula von der Leyen – 2025 Statement on US Tariffs

    Ursula von der Leyen – 2025 Statement on US Tariffs

    The statement made by Ursula von der Leyen, the President of the European Commission, on 10 April 2025.

    I welcome President Trump’s announcement to pause reciprocal tariffs. It’s an important step towards stabilising the global economy.

    Clear, predictable conditions are essential for trade and supply chains to function.

    Tariffs are taxes that only hurt businesses and consumers. That’s why I’ve consistently advocated for a zero-for-zero tariff agreement between the European Union and the United States.

    The European Union remains committed to constructive negotiations with the United States, with the goal of achieving frictionless and mutually beneficial trade.

    At the same time, Europe continues to focus on diversifying its trade partnerships, engaging with countries that account for 87% of global trade and share our commitment to a free and open exchange of goods, services, and ideas.

    Finally, we are stepping up our work to lift barriers in our own single market. This crisis has made one thing clear: in times of uncertainty, the single market is our anchor of stability and resilience.

    My team and I will continue to work day and night to protect European consumers, workers and businesses. Together, Europeans will emerge stronger from this crisis.

  • PRESS RELEASE : UK Indo-Pacific Minister visits Cambodia to strengthen ties [April 2025]

    PRESS RELEASE : UK Indo-Pacific Minister visits Cambodia to strengthen ties [April 2025]

    The press release issued by the Foreign Office on 22 April 2025.

    UK Minister for the Indo-Pacific Catherine West MP visits Cambodia to advance shared interests and boost cooperation.

    The UK and Cambodia are collaborating to advance climate initiatives and promote sustainable development.

    This includes at Techo International Airport in Kandal Province, Cambodia, where British architecture has gained international recognition for its innovative approach to green airport design.

    The airport, designed by British firm Foster + Partners, will be visited today (22 April 2025) by UK Minister for the Indo-Pacific, Catherine West MP, who is in Cambodia this week to strengthen ties between the two nations and promote economic growth, climate resilience, and security cooperation.

    The Minister will meet with H.E. Prak Sokhonn, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation, and senior officials from Cambodia’s Ministry of Economy and Finance and the Council for the Development of Cambodia. Their discussions will cover expanding trade opportunities, advancing climate initiatives, promoting sustainable development, and enhancing regional security.

    UK Minister for the Indo-Pacific, Catherine West MP, said:

    My visit to Techo International Airport today is testament to the modern UK-Cambodia partnership. Innovative and green infrastructure fit for Cambodia’s future, designed by British business – an achievement that would have been unimaginable thirty years ago.

    Our relationship goes far beyond just this one building – but we bring the same partnership approach to everything we do, whether increasing trade to create jobs, protect our climate and nature, or increase access to education.

    Foster and Partners Associate Partner, Krzysztof Szymanski, said:

    We are incredibly proud and deeply honoured to lead the design of Techo International Airport, a project that aspires to be one of the greenest airports in the world. This airport offers a transformative vision for Phnom Penh, drawing deeply from Cambodia’s rich heritage and responding thoughtfully to its tropical climate. By integrating the latest technology with local craftsmanship, we are committed to creating sustainable and efficient infrastructure.

    This project not only creates a new gateway to the city and the country, enhancing Cambodia’s reputation on the global stage, but also sets a new benchmark for sustainable airport design. It is a privilege to contribute to such a significant endeavour that will shape the future of Cambodia’s capital.

    Minister West is going to sign a Memorandum of Understanding with the Ministry of Economy and Finance on Strategic Infrastructure Development, demonstrating our commitment to partner to boost mutual economic growth, including support for the development of a Green Special Economic Zone.  Initiatives such as the Trade Partnerships programme and the Developing Countries Trading Scheme are also key to deepening ties and growth opportunities.

    The Minister will meet the British Chamber of Commerce in Cambodia to discuss how UK businesses are taking advantage of these policies to expand cooperation with Cambodian partners in key sectors including education, infrastructure, and financial services.

    Minister West will visit De Montfort University in Cambodia, the first UK university campus in the country, to discuss the UK’s role in addressing global environmental challenges, and highlighting how UK programmes, such as the Biodiverse Landscape Fund, are empowering local communities, including marginalised groups, to regenerate and conserve local environments and improve livelihoods.

    The visit also addresses shared security concerns, including combating serious organised crime and human trafficking, addressing online fraud and scam centres, and future defence cooperation initiatives.

  • NEWS STORY : UK and New Zealand Deepen Defence Partnership Amid Global Security Challenges

    NEWS STORY : UK and New Zealand Deepen Defence Partnership Amid Global Security Challenges

    STORY

    The United Kingdom and New Zealand have announced a significant enhancement of their defence and security cooperation, reaffirming their long-standing alliance in response to evolving global threats.During a meeting in southwest England, UK Prime Minister Keir Starmer and New Zealand Prime Minister Christopher Luxon agreed to strengthen their military partnership through several key initiatives:

    • Extended Support for Ukraine: New Zealand will continue its involvement in Operation Interflex, the joint UK-led program training Ukrainian forces, through the end of the year. This initiative has already trained over 54,000 Ukrainian soldiers.

    • Defence Equipment Collaboration: The UK has committed to a £30 million deal for drones manufactured by New Zealand’s Syos Aerospace, enhancing Ukraine’s capabilities in its ongoing conflict.

    • Naval Cooperation in the Indo-Pacific: The Royal New Zealand Navy is set to join the UK’s Carrier Strike Group as it embarks on operations in the Indo-Pacific region, underscoring both nations’ commitment to maritime security.

    Prime Minister Starmer emphasised the historical ties between the two countries, stating, “From the beaches of Gallipoli to our current joint efforts, the UK and New Zealand have stood shoulder to shoulder in pursuit of peace and stability.” This renewed partnership also includes plans to develop a new bilateral defence agreement, updating the framework established in 2015, to address contemporary security challenges more effectively.

    The announcement comes ahead of a broader international meeting in London, where leaders from the UK, France, Germany, Ukraine, and the United States will discuss coordinated strategies to support Ukraine and address global security concerns. This deepened collaboration between the UK and New Zealand highlights their shared commitment to international stability and the rules-based order, reinforcing their roles as key players in addressing global defence and security issues.