Next sales have soared this Christmas period by nearly 10 percent. Beating city forecasts, the unexpected rise in sales has led to higher profit forecasts for the year ahead. Analysts worried that slowing wage growth and heightened inflation would...
UK banks to be reviewed by the Serious Fraud Office in wake of South African corruption scandal. The SFO and other financial regulators are to investigate whether HSBC and Standard Chartered were involved in a South African corruption scandal....
A PwC report found “no evidence” of systematic gender bias in the pay of the BBC’s 824 on-air presenters, but offered several key recommendations to reduce the size of the 6.8 percent gender pay gap including fixing “anomalies” in...
The Paradise Papers release is a treasure trove of leaked documents containing information about offshore finance. The documents detail controversial investments by high-profile figures like the monarchy, politicians and celebrities. The complex system of offshore investments is often criticised as...
A flood of cold air from Siberia caused severe weather conditions across Europe in the last weeks. The ‘Beast from the East’ along with Storm Emma triggered storage and supply issues that led to a significant spike of gas...
As of January 2018, the pesky surcharges faced by consumers simply for paying by credit or debit card will be banned in the UK. The new directive, known as the Payment Services Directive (PSD2), comes from the European Union, and...