Friday, 30 June 2017

Lloyds misses deadline for HBOS scam compensation



Lloyds Banking Group has offered £35,000 each to cover expenses for victims of the HBOS fraud scandal after missing a self-imposed end of June deadline to make compensation offers.

Qatari riyals no longer available at many UK banks



A number of UK High Street banks have stopped trading in Qatari riyals.

Game Digital shares plunge 36% on profit warning



Shares in Game Digital have plunged by 36% after it was hit by supply issues affecting Nintendo consoles, compounding its difficulties amid a tough consumer environment.

Bidders line up for £6bn Bradford & Bingley mortgage loan sale



Blackstone, the New York-based private equity giant, is preparing to swallow another multibillion-pound portfolio of loans owned by bailed-out British banks with an offer for a portfolio issued by Bradford & Bingley.

Nike shares lead Dow Jones higher



Shares in Nike jumped at the start of trade after it said it would start selling some goods though Amazon.

BA to get strike cover from Qatar Airways



The government says it will allow the lease by British Airways of some Qatar Airways planes and crew to help cover a 16-day strike by some UK staff.
 

Naby Keita: Liverpool willing to pay club record fee for Leipzig midfielder



Liverpool are willing to pay a club record fee to bring RB Leipzig midfielder Naby Keita to Anfield.

Former TEPCO bosses on trial over Fukushima nuclear disaster in Japan



Three former executives at Tokyo Electric Power Company (TEPCO) have gone on trial facing charges relating to the 2011 Fukushima disaster.

Sarin gas confirmed as weapon in Syria attack



The global chemical weapons watchdog has concluded that sarin gas was used in an attack in Syria in April which killed more than 90 people.

Citizens Advice warning over 'phantom goods' scams



A rising number of people are being caught out by "phantom goods" scams - when items are bought online but are never delivered, Citizens Advice says.

Online fraud overlooked by government, says watchdog



Online fraud has been "overlooked" by the government, police and business, according to public spending watchdog the National Audit Office.

Ron Dennis ends 37-year association with McLaren by selling shares



Ron Dennis has formally ended his role at McLaren, the company he made into one of the most successful Formula 1 teams of all time.

US tennis star Venus Williams at fault in fatal car crash in Florida - police



US tennis star Venus Williams has been involved in a car crash that led to the death of a 78-year-old man.

President Trump's revised travel ban comes into force amid new legal challenges



New visa criteria for entering the United States from six mainly Muslim nations, have come into force - meaning only those with close family or business ties are exempt from the travel ban.

Germany votes for 50m euro social media fines



Social media companies in Germany face fines of up to 50m euros ($57.1; £43.9m) if they fail to remove "obviously illegal" content in time.

Thursday, 29 June 2017

Homebase-buyer Bunnings to create 1,000 jobs in expansion



Australian DIY chain Bunnings says it will create over 1,000 new jobs in the UK after its parent firm bought the Homebase brand last year.

Superdry owner rushes out annual financial results after 'theft'



The owner of the Superdry fashion chain has taken the rare step of releasing core figures from its annual results a week early, blaming a "theft".

Walgreens Boots Alliance scraps plans to buy Rite Aid



Global pharmacy giant Walgreens Boots Alliance has dropped its plans to buy US-based rival Rite Aid.

France plans new cladding law after Grenfell fire disaster



France's top building fire safety adviser has told Sky News the country is planning a new law on cladding for tower blocks following the Grenfell disaster.

US demands airlines tighten security as it sets out new flight rules



The US is calling for airlines around the world to beef up security on international flights bound for the United States.

Xi Jinping arrives in Hong Kong to mark 20 years since handover to China



Chinese President Xi Jinping has arrived in Hong Kong to mark 20 years since the handover of British rule to China.

French general accused of using fighter jet for weekend commutes to Provence



The acting chief of the French air force has been accused of using a fighter jet to commute home at weekends.

Germany blocks Erdogan rally during G20 summit in Hamburg



Germany says it would be inappropriate for Turkey's President Recep Tayyip Erdogan to address Turks in Germany during the G20 summit next week.

BT's financial statements Italy scandal prompts auditing probe



The Financial Reporting Council (FRC), the UK's accountancy watchdog, says it has begun an investigation into the auditing of BT's financial statements.

Nars make-up boycotted, after cosmetics tested on animals in China



Beauty brand Nars has had to explain itself to shoppers after it introduced animal testing in China on its make-up.

Rolls-Royce safeguards 7,000 jobs in East Midlands



Rolls-Royce has secured more than 7,000 jobs in the East Midlands after announcing its biggest single investment in the UK for over a decade.

Ehud Olmert, Israel's jailed ex-PM, 'to be released early'



Former Israeli Prime Minister Ehud Olmert is to be released early from prison, where he is serving a 27-month sentence for corruption, reports say.

Stalking victim Helen Pearson rejects police apology over stabbing



A woman who was stabbed by her stalker has dismissed a police apology as "meaningless".

Sheikh helps villagers buy chapel in Cornwall



The ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum, has helped a small Cornish village buy its Methodist chapel.

Wednesday, 28 June 2017

Six held in Spain, UK and Germany in anti-jihadist raids



Four men have been arrested on Majorca and two more in the UK and Germany as part of a Spanish investigation into support for so-called Islamic State, police say.

Government defeats Labour's bid to end public sector pay cap



The Government has defeated a Labour bid to end the cap on public sector pay in the first parliamentary test of the Tory-DUP deal.

Pound up on Bank of England Governor's rate rise hint



The pound jumped nearly 1% after the governor of the Bank of England suggested that interest rates could rise if business investment grows.

Watchdog cracks down on £7tn investment industry charges



Investors must be quoted an "all-in fee" to make charges more transparent in a shake-up of the investment sector, the City regulator has confirmed.

Air India cleared for privatisation by Delhi



India's cabinet has approved plans to privatise Air India.

Tax software blamed for cyber-attack spread



A global cyber-attack that affected companies around the world may have started via corrupted updates on a piece of accountancy software.

Hillsborough: Criminal charges against six people



Match commander David Duckenfield and former chief constable Norman Bettison are among those being prosecuted over the disaster.

Venezuela crisis: Helicopter launches attack on Supreme Court



Venezuela's Supreme Court has been attacked by grenades dropped from a helicopter in what President Nicolás Maduro called a "terrorist attack".

Tesco to axe 1,200 head office jobs



Tesco plans to cut 1,200 jobs at its head office as part of a major cost-cutting drive.

Co-op Bank agrees to £700m rescue by hedge funds



The Co-op Bank has agreed a £700m rescue deal with US hedge fund investors that will see it continue as a stand-alone business.

UK house prices rebound, Nationwide says



UK house prices bounced back in June after three months of falls, according to mortgage lender Nationwide.

Arrests in UK over Microsoft scam calls



Four people have been arrested in the UK following an investigation into scams involving calls from fraudsters pretending to be IT support staff.

Dixons Carphone reports record full-year profits



Dixons Carphone's annual profit has surpassed £500m for the first time, following a "good year" for the Currys and PC World owner.

Mobiles 'fast replacing' bank branch visits



Typical consumers will visit a bank branch four times a year by 2022, turning instead to their mobile phones for services, according to forecasts.

Jeremy Corbyn to force vote on public sector pay



Jeremy Corbyn is challenging Conservatives to back his call for more funding for the police and fire service and for the 1% public sector cap to end.

Qatar accuses neighbours of terrorism hypocrisy as isolation continues



Qatar has stepped up its war of words with regional rivals as the crisis surrounding its isolation shows no sign of resolution three weeks on.

Shake-up to protect millions of savers from rip-offs



Plans to protect millions of savers from being ripped off have been announced by the City watchdog after an investigation into the £7tn asset management industry.

'Activity' at site where Syria launched gas attack - Pentagon



The Pentagon has released details to back up its allegation that Syria's government is planning another chemical attack.

Colombia anti-corruption chief arrested on US charges



Colombia's top anti-corruption official has been arrested on US charges of money laundering in connection with an alleged bribery scheme, officials say.

Toshiba sues Western Digital over memory chip sale



Toshiba is suing Western Digital for 120bn yen ($1bn; £835m), accusing it of interfering in the attempted sale of its flash memory business.

Hillsborough disaster: Charges decision due



A decision on whether individuals and organisations will face criminal charges over the Hillsborough disaster will be announced later.