News

News
Audi

Audi boss arrested over diesel omissions scandal

Audi chief executive, Rupert Stadler has been arrested in connection with the diesel emissions scandal. Prosecutors have confirmed that Mr Stadler has been detained as...

Virgin Money & CYBG deal to result in 1,500 job cuts

The Clydesdale and Yorkshire bank's (LON: CYBG) takeover of Virgin Money will lead to 1,500 job losses. Virgin Money has accepted CYBG's £1.7 billion takeover offer, which...
Trump effect

Trump to impose tariffs on $50bn worth of Chinese goods

Donald Trump is planning to impose $50 billion (£38 billion) worth of tariffs on Chinese goods. The US President will introduce 25 percent tariffs on Chinese...

Aquis Exchange share price jumps on AIM debut

Since its inception in 2012, London based Aquis Exchange has gone on to become the ninth largest equity trading company in Europe. In the...
iceland

Iceland sales boosted by Food Warehouse growth

Sales are budget frozen supermarket Iceland rose 8 percent in the year to the end of March, boosted by the expansion of its Food...
inflation

Inflation rate hits 2.3pc in May

Inflation rose to 2.3 percent in May 2018, according to the latest figures from the Office for National Statistics, up from 2.2 percent in...
FTSE

Morning Round-Up: FTSE 100 opens in negative territory, Just Eat sinks

The FTSE 100 opened down on Wednesday morning, ahead of the a rate decision by the US Federal Reserve and the release of UK...
mulberry

Mulberry announce South Korea expansion to boost weak sales

British accessories brand Mulberry reported a fall in UK sales in the 10 weeks to June, but announced a new move into South Korea...
informa

UK wage growth slows in April

UK wage growth has unexpectedly slipped to 2.8 percent, falling short of analyst expectations. The Office for National Statistics has reported the 0.1 percent fall for the...

KPMG fined £4.5m over Quindell audit

KPMG has been fined £4.5 million over its audit of insurance firm Quindell. The Financial Reporting Council (FRC) has fined both KPMG and audit engagement partner William Smith...