Jabez Balfour the memorial plaques at Croydon University Hospital (formerly Mayday Hospital). Croydon Road and Tamworth Road in Arthur's Hill, Newcastle upon Tyne, were built using funds invested in the Liberator Building Society and named in tribute to Balfour. Jabez Balfour Jabez Spencer Balfour (4 September 1843 – 23 February 1916) was an English businessman, British Liberal Party politician and fraudster. Balfour was born in Marylebone, London to James and Clara Lucas Balfour. He was Member of Parliament for Tamworth from 1880 to 1885, and for Burnley from 1889 to 1893. Balfour was also interested in local politics in his home town
Investors Compensation Scheme Ltd v West Bromwich Building Society Investors Compensation Scheme Ltd v West Bromwich Building Society Lord Hoffmann set out five principles, so that contract should be construed according to: Investors received negligent advice from their financial advisers, solicitors and building societies, including West Bromwich Building Society ('West Bromwich BS'). They had claims in tort and for breach of statutory duty. The investors had been encouraged by financiers to enter "Home Income Plans", which meant mortgaging their properties to get cash that they would put into equity linked bonds. They lost money when house prices and stocks fell. Under the Financial Services Act 1986 section 54 the