PwC fined £15m by FCA after London Capital & Finance fraud failure
PwC has been fined £15m by the Financial Conduct Authority after it failed to alert the regulator that London Capital & Finance (LCF) might be involved in fraudulent activity. In…
PwC has been fined £15m by the Financial Conduct Authority after it failed to alert the regulator that London Capital & Finance (LCF) might be involved in fraudulent activity. In…
Former president Donald Trump’s latest financial disclosure revealed he has made over half a billion in income from his US golf clubs and resorts as well as being hit with…
London Mayor Sadiq Khan will close the ULEZ (Ultra Low Emissions Zone) scrappage scheme next month as drivers in the capital scramble to make last-minute applications. The announcement comes after Khan expanded…
Revolut has cemented its position as Europe’s most valuable private technology company after securing a $45bn (£34.9bn) valuation in a share sale by employees. The London-based banking app said on…
The government has published its report into the infected blood scandal, saying it will pass legislation this month and expect compensation by the end of the year for victims. The…
The UK government is reportedly seeking to highlight London’s attractiveness in planned talks with Revolut as Britain’s biggest fintech is said to favour the US for a potential blockbuster IPO.…
PwC is facing a lawsuit from Revelan, a UK commercial property developer, alleging that the firm provided “negligent” tax advice that caused Revelan to face a £3m tax bill. Revelan,…
Astrazeneca’s lung cancer drug Imfinzi has been approved for treatment in the US to be used both before and after surgery, just days after the company’s market value hit £200bn…
WH Smith, the 232-year-old stationery store, has now decided to move into the hospitality scene with the opening of its first café. The café, named Smith’s Kitchen, first opened on…
Strict advertising rules around infant formula milk are leading to “historically high” prices for UK parents, the Competition and Markets Authority (CMA) said today. The watchdog said its investigation into…