Germany’s largest bank also agreed to install independent monitor and fire six employees involved in business with Iran, Syria and other sanctioned countries
Category: News Wire
Daily feed of the best news affecting your small and medium sized business SME / SMB from media and websites in Britain and across the world
Facebook revenue surges up 41pc to $4.5bn
Facebook revenue surges up 41pc to $4.5bn for third quarter, sending share prices soaring in after hours trading
British music industry boosts economy by £4.1bn
Artists like Sam Smith, Ed Sheeran and Paloma Faith helped the British music industry contribute £4.1bn to the UK economy in 2014.
Competition probe into banks was ‘lazy
The investigation into the state of the banking market failed to find out key information on the cost of current accounts, the Treasury Select Committee says
V&A U-turn over decision to not show Margaret Thatcher collection
Margaret Thatcher’s clothes and personal possessions could now be saved for the nation as the Victoria & Albert museum changed its position by saying it would welcome a new offer to show the collection
Watford landlord fined £30,000 for housing 12 tenants in five-person flat
Zuo Jun He pleads guilty to 11 charges, including overcrowding, regarding property from which he was taking £515 a week in rent
HMRC still failing UK taxpayers & harming British business
Her Majesty’s Revenue and Customs (HMRC) is “still failing UK taxpayers”, the Public Accounts Committee has said.
RBS accused of using ‘inaccurate’ documents for payouts
Royal Bank of Scotland has been accused of using secret, flawed documents that could have influenced some compensation payouts to victims of the interest rate swaps mis-selling scandal.
Wetherspoon’s shares tumbles as boss warns Living Wage costs could lower pub chain profits
Wetherspoon’s share price tumbled this morning after boss Tim Martin warned that rising labour costs could result in lower annual profits, with margins falling in its first quarter.
Surveillance bill will only ban ‘strong’ encryption
The government doesn’t want to ban encryption, but it does want to stop companies using ‘strong’ encryption it can’t break.
Makers of Candy Crush bought for £3.8bn
US computer game company Activision Blizzard, which produces World of Warcraft and Call of Duty, is buying King Digital Entertainment, the creator of Candy Crush.
Black Friday to boost footfall – but is it stealing sales from Boxing Day?
The Black Friday boost to spending could come at the expense of shopping later in the festive period, analysts warn
HSBC decision on whether to stay in London could be delayed
HSBC has warned that the outcome of its review of whether to remain based in London could be delayed beyond the end of this year, as it reported a rise in profits because of a fall in fines and legal costs.
Paying the Living Wage could lift six million people out of poverty
Some six million people are being paid less than the Living Wage, according to a new study.
Fresh signs of slowdown could force interest rates rise to be put on hold
Fresh signs the UK economy is losing steam amid a global slowdown will force the Bank of England to keep interest rates at their record low this week. Policymakers, however, will likely warn households to prepare for higher borrowing costs next year.
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