UK

forex

The Forex business is officially shrinking for the first time since 2001

08/09/2016(0)
The latest triennial survey of the FX industry by the Bank for International Settlements (BIS) has revealed a decline in volumes for the first time in 15 years. The ... Read More
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KPMG faces disciplinary formal complaints over audit concerns

07/09/2016(0)
The Financial Reporting Council’s (FRC) Executive Counsel has delivered disciplinary formal complaints under the Accountancy Scheme and the Actuarial Scheme in connection with the conduct of KPMG LLP, Mr ... Read More
london

Northzone raises €300m fund and is eyeing London fintech startups

05/09/2016(0)
A European venture capital firm which has previously backed Spotify, iZettle and London fintech startup MarketInvoice, has launched a new multi-million pound fund to plough into tech startups across Europe, ... Read More
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Use of contactless payments in UK overtakes cheques in 2016

02/09/2016(0)
For the first time, Brits are more likely to make a payment using a contactless card than a cheque book.New research from Mintel reveals that cheques have been used by less ... Read More
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Cheers! Lawyers net £200m from SABMiller deal

01/09/2016(0)
Law firms will bank almost £200m from advising on the third-largest corporate takeover ever – brewer SABMiller’s £79bn acquisition by Budweiser owner Anheuser-Busch InBev. In total, the two companies ... Read More
Marks & Spencer

Longstanding Marks & Spencer GC announces retirement

31/08/2016(0)
One of the longest-serving leaders in the UK in-house legal sector has decided it’s time to retire. Marks & Spencer general counsel Robert Ivens is retiring from the company ... Read More
esma regulator

ESMA Sees Risk Outlook Deteriorate For EU Securities Markets

31/08/2016(0)
The European Securities and Markets Authority (ESMA) latest risk report has found that the overall assessment of risk levels in EU markets under its remit remains unchanged. Market and ... Read More
european-union

EU Apple Tax Ruling Stirs Fears of Revenue Loss in U.S.

31/08/2016(0)
American politicians have spent years salivating over U.S. companies’ stockpile of untaxed foreign profits, now more than $2 trillion and growing. Europe got to that money pot first. The ... Read More
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Dollar rockets to two-week high versus yen as Fed officials signal rate hikes

29/08/2016(0)
The dollar rose Monday to its strongest level against the yen in three weeks after several top Federal Reserve officials hinted that the central bank would raise interest rates ... Read More
HMRC

HMRC sets rules for Worldwide Disclosure Facility on unreported offshore accounts

29/08/2016(0)
The WDF will launch on 5 September 2016 and will be available to anyone who is disclosing a UK tax liability that relates wholly or in part to an ... Read More
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