UK watchdog investigates Greensill and Wyelands Bank auditors
Britain’s accounting regulator said on Monday it has opened investigations into the audits of Greensill Capital and Wyelands Bank as regulatory scrutiny of the companies intensifies.
Macron rolls out red carpet to JPMorgan, global CEOs in post-Brexit push
President Emmanuel Macron will declare that Paris is back on the map of global finance on Tuesday when he inaugurates JPMorgan’s new trading hub in the French capital which he hopes will attract more bankers leaving post-Brexit Britain.
Cathay Pacific forecasts reduced monthly cash burn in H2
Hong Kong’s Cathay Pacific Airways Ltd (0293.HK) expects to reduce its cash burn to less than HK$1 billion ($128.84 million) a month in the second half of the year, its chief financial officer said.
UK health minister ‘very sorry’ after pictured kissing aide
British Health Secretary Matt Hancock said he was “very sorry” after pictures of him kissing and embracing his top aide, a friend hired last year, were splashed on the front page of the Sun newspaper.
Amazon, Google face formal fake review inquiry in Britain
Britain’s competition regulator started a formal investigation on Friday into whether Amazon (AMZN.O) and Google (GOOGL.O) may not have done enough to prevent or remove fake reviews.
What you need to know about the coronavirus right now
Here’s what you need to know about the coronavirus right now.
Rising inflation puts Bank of England on the spot
The Bank of England will say on Thursday whether it is worried about a recent jump in inflation, which broke above the central bank’s 2% target and looks set to climb higher as Britain reawakens its economy from its coronavirus slumber.
EU watchdog tells banks to have a 10-year climate plan
Banks in the European Union must have a 10-year plan spelling out how they will deal with environmental, social and governance (ESG) risks to their bottom line, the bloc’s banking watchdog said on Wednesday.
Save Our Summer: UK pilots and cabin crew issue travel sector rescue plea
British pilots, cabin crew, travel agents and other workers are urging politicians to save the summer holiday season by reopening routes abroad or risk destroying tens of thousands of jobs as companies fail.
Confidence among UK employers hits five-year high – REC
British employers are their most confident about the economy in almost five years, helped by the lifting of coronavirus restrictions, a survey showed on Wednesday, but the lack of staff to fill jobs is a growing problem.
