Category : Business News

BUSINESS / Business News - 1 week ago

Brexit effect finally taking hold on prices

When the Treasury tried to work out the impact of a Leave vote in its much-panned report ahead of the referendum, it notoriously forecast a recession that simply didn't happen. It got it horrendously, embarrassingly wrong: in fact the economy has gr...

BUSINESS / Business News - 1 week ago

UK banks accused over Russia cash claims

Authorities will look into claims that UK-based banks processed $738m (£594m) of Russian money as part of a multi-billion-pound money laundering scam, the City minister has said. Simon Kirby said the Government would "do what it takes to prevent and...

BUSINESS / Business News - 1 week ago

Green could recover £15m from pensions deal

Former BHS owner Sir Philip Green could receive £15m back from his £363m deal to bail out the retailer's pension scheme, details released by the regulator have revealed. The tycoon will be entitled to the sum if 90% of eligible pension fund members...