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Watchdogs 'need to prove they protect consumers' says NAO

Watchdogs 'need to prove they protect consumers' says NAO

Four major UK regulators need to do more to prove they are offering enough protection to those who need it, spending watchdog the NAO has said. Ofwat, Ofgem, Ofcom and the FCA understand the "significant difficulties" facing consumers. But...

BBC, Wednesday, 00:09
 
Juncker criticised over 'freeports'

Juncker criticised over 'freeports'

Jean-Claude Juncker has come under attack for dismissing concerns that controversial art storage facilities may be enabling money laundering. MEPs have criticised the response of the European Commission president to allegations about...

BBC, Wednesday, 00:09
 
Brexit food stockpiling loan ad banned

Brexit food stockpiling loan ad banned

A financial services company has been ordered not to reuse an advert in which it tried to persuade people to take out a loan, in case they wanted to stockpile food because of Brexit. Cash On Go, trading as Peachy.co.uk, sent out an email saying,...

BBC, Wednesday, 00:09
 
'Corruption in Ukraine has to be stopped'

'Corruption in Ukraine has to be stopped'

The port of Mariupol in eastern Ukraine has become a symbol in recent months of the country's economic struggles. A recent partial blockade by Russian naval vessels of the nearby Kerch Strait means that fewer ships are now docking at the harbour. The...

BBC, Wednesday, 00:09
 
Boeing: US orders review of 737 Max licence to fly

Boeing: US orders review of 737 Max licence to fly

The US government has ordered a review of the way Boeing's 737 Max aircraft got its licence to fly. It comes after two crashes in five months, amid suggestions from experts that there were "clear similarities" between the disasters....

BBC, Tuesday, 21:47
 
Most people want higher taxes on rich to support poor – OECD

Most people want higher taxes on rich to support poor – OECD

A majority of people living in developed countries want their government to increase taxes on the rich in order to help the poorest in society, according to a major global study. In all of the 21 countries included in the OECD study , more than half...

Guardian, Tuesday, 20:16
 
Lloyds boss Horta-Osorio gives up final salary pension perk

Lloyds boss Horta-Osorio gives up final salary pension perk

The boss of Lloyds Banking Group has given up his lucrative final salary pension after mounting pressure over the perk. Antonio Horta-Osorio was the only employee entitled to such a pension, having overseen the ending of final salary schemes in 2014....

BBC, Tuesday, 19:57
 
Deep coal mine gets go ahead in Cumbria despite protests

Deep coal mine gets go ahead in Cumbria despite protests

Britain’s first new deep coal mine in 30 years has been given the go-ahead by Cumbria county council, sparking protests from climate change campaigners that the decision would harm the UK’s efforts to reduce CO2 emissions. The £165m Woodhouse colliery...

Guardian, Tuesday, 19:57
 

CYBG study finds personal touch is key in future of banking

The banking industry must work to maintain trust and ensure customers are not left behind as the sector embraces technological advances, new research suggests. The Bank of the Future report from CYBG – the owner of Clydesdale and Yorkshire banks,...

Scotsman, Tuesday, 18:59
 
Bonmarché shares fall after warning of heavier loss

Bonmarché shares fall after warning of heavier loss

Shares in Bonmarché have fallen after the women’s fashion chain warned of a bigger full-year loss than previously forecast and reported quarterly sales below its expectations after discounting heavily to clear unsold stock. As Brexit approaches,...

Guardian, Tuesday, 18:26
 

Social enterprise cheers Co-op tie-up to fund clean water project

Craft beer social enterprise Brewgooder is teaming up with Co-op for its first national retail campaign. Launching tomorrow in 408 stores, the eight-week Co-op Well Dig aims to sell enough Ellon-brewed Brewgooder lager to fund clean water access for...

Scotsman, Tuesday, 17:53
 
Google reveals gaming platform Stadia

Google reveals gaming platform Stadia

Google has unveiled a new digital gaming platform called Stadia which will stream data-rich games that have traditionally had to be either downloaded or purchased on disk. At launch it will work on existing desktops, laptops, TVs and phones, said the...

BBC, Tuesday, 17:43
 
The SEC calls for new contempt sanctions for Elon Musk

The SEC calls for new contempt sanctions for Elon Musk

The US financial regulator is insisting that Elon Musk be found in contempt of court for his tweets. The Tesla CEO has defended a tweet that he posted in February, revealing the carmaker's production goals for 2019. But the Securities and Exchange...

BBC, Tuesday, 17:43
 
Brexit: Less than half of trusted trader applications approved

Brexit: Less than half of trusted trader applications approved

Less than half of the applications from UK firms for "trusted trader" status have been approved by HMRC since 2016, Newsnight has learned. The status is a quality marker, which the government says allows firms to fast-track their shipments...

BBC, Tuesday, 17:43
 

Galbraith to accelerate rural services after merger

Property consultancy Galbraith is to merge with a specialised rural estate management firm, saying it will enable the provision of enhanced rural services across a wider geographic area. Galbraith, which has 11 offices north of the Border, is teaming...

Scotsman, Tuesday, 17:01
 


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