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Equity funds better off sticking with blue chips - BoE

Equity funds that stick to blue-chip shares cope best with calls from investors for their money back, a senior Bank of England official said on Thursday as fallout from the suspension of top UK fund Woodford continued.

PwC fined £4.55 million over audit of Redcentric

Britain's accounting watchdog said on Thursday it had fined PwC 4.55 million pounds for failing to challenge management at IT services company Redcentric where a 20 million pound hole was later found in the books.

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