United Kingdom

Iain Withers

A third of British company audits failed quality test - watchdog

9:46am BST

LONDON A third of company audits by Britain's leading accounting firms failed a quality test, the country's accounting watchdog said on Tuesday, piling further pressure on a sector already being questioned over its competence.

FOREX-Japanese yen gains as virus caution weighs

10 Jul 2020

* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates pricing)

FOREX-Japanese yen gains as virus caution weighs

10 Jul 2020

LONDON, July 10 The dollar paused on Friday as concerns about a surge in coronavirus infections in the United States and elsewhere supported the safe haven Japanese yen, while risk-sensitive currencies lost ground.

Lloyds Bank boss Horta-Osório to step down after a decade at the helm

06 Jul 2020

Lloyds Bank Chief Executive António Horta-Osório said on Monday he would step down next year after a decade at the helm, leaving Britain's biggest domestic bank to find a successor to steer it through the coronavirus fallout.

RBS chairman calls on Bank of England to lift dividend curbs by autumn

03 Jul 2020

LONDON The chairman of majority state-backed lender Royal Bank of Scotland has called on the Bank of England to lift curbs on dividends by the autumn to make lenders attractive to investors again.

UK markets watchdog lifts restrictions on Wirecard

30 Jun 2020

LONDON Britain's Financial Conduct Authority said late on Monday it would lift restrictions on German payments company Wirecard AG , allowing it to resume operations.

UK fintech firms forced to suspend services after Wirecard collapse

26 Jun 2020

LONDON/NEW YORK Customers of several British digital finance companies were unable to make payments or access their money on Friday after the collapse of German payments firm Wirecard caused disruption across borders.

FOREX-Dollar pauses as caution returns to markets

24 Jun 2020

* Graphic: World FX rates in 2020 https://tmsnrt.rs/2RBWI5E (Updates pricing throughout)

REFILE-FOREX-Dollar gains as market risk sentiment sours

24 Jun 2020

LONDON, June 24 The dollar regained some ground on Wednesday after two straight days of losses, as money markets tempered hopes of a rapid global economic recovery.

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