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Monday, June 18, 2018
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Trump threatens more tariffs on Chinese goods 18 Jun 8:01pm Trump threatens more tariffs on Chinese goods
President Trump has asked officials to identify $200bn dollars-worth of Chinese goods to be subject to a 10% tariff in what is becoming an increasingly bitter trade war.
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GBP 1,31 +0,536%
EUR 1,17 +0,686%
CHF 1,00 +0,598%
KPMG facing fresh crisis over FRC verdict 18 Jun 11:06am KPMG facing fresh crisis over FRC verdict
Britain's big four accountancy firms ‎will be plunged further into the quagmire this week when their regulator highlights a decline in the quality of their audit work during the last year.
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The big test facing the enlarged Virgin Money 18 Jun 8:25am The big test facing the enlarged Virgin Money
The chief executives of three of Britain's leading challenger banks - Paul Pester of TSB, Craig Donaldson of Metro Bank and David Duffy of CYBG - like to get together over dinner every so often to compare notes on what it is like locking horns in competition with the big five lenders.
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City chiefs beg Hammond for tax burden probe 18 Jun 6:51am City chiefs beg Hammond for tax burden probe
The Treasury should commission an independent review of the tax burden imposed on entrepreneurs and the broader finance industry, a group of City chiefs will urge Philip Hammond this week.
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Audi boss detained over dieselgate inquiry 18 Jun 5:47am Audi boss detained over dieselgate inquiry
The chief executive of Audi has been detained by German authorities investigating the 'dieselgate' scandal at parent firm VW.
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Contactless boom means cash is no longer king 18 Jun 4:54am Contactless boom means cash is no longer king
Debit card payments overtook the number of cash transactions for the first time in the UK last year, according to industry figures.
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Virgin Money agrees £1.7bn takeover by CYBG 18 Jun 2:07am Virgin Money agrees £1.7bn takeover by CYBG
Virgin Money has agreed to be taken over by Clydesdale and Yorkshire Banking Group (CYBG) in a deal worth £1.7bn.
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