UK watchdog fines Deloitte £2m over failures in audit of Mitie’s accounts April 21, 2022 The UK’s audit watchdog has fined Big Four accountancy firm Deloitte and audit partner John Charlton over a raft of failures in its audit of the accounts of outsourcing company Mitie. The UK’s Financial Reporting Council (FRC) fined Deloitte £2m and Charlton a furth £65,000 after discovering a number of “deficiencies” in the audit of [...]
Barclays sells off half of Absa stake for £526m April 21, 2022 Barclays announced today it has sold off a major chunk of its remaining stake in South African banking group Absa for £526m as it continues to shed its holdings in the firm.
EU edges towards deal to share emissions cuts April 21, 2022 European Union member states are closing in on a deal to share the burden of cutting greenhouse emissions within the bloc.
Global travel and tourism to create 126m jobs by 2032 April 21, 2022 The global travel and tourism industry is set to create 126 million jobs within the next decade, according to a report published today. Data from the World Travel and Tourism Council (WTTC) has reported the sector’s GDP will grow at an average rate of 5.8 per cent annually between 2022 and 2032 – 3.1 per [...]
Binance slaps restrictions on Russian crypto accounts April 21, 2022 Binance has restricted every account held by a Russian national exceeding €10,000 in digital assets, in line with the EU’s latest sanctions.
UK to start signing trade deals with US states like Texas from next month April 21, 2022 The UK will begin signing trade deals with individual US states from next month, with an agreement with Texas set to be inked by October. Trade minister Penny Mordaunt said the government was in discussions with 20 US states – including California and Utah – to sign the mini-trade deals, Texas and California are priorities [...]
Banning proof-of-work is the biggest threat facing Bitcoin April 21, 2022 Dr Chris Kacher suggests the game is rigged, and the world needs to push back against the proof-of-work naysayers.
Bitcoin remains flat against the backdrop of a troubled Netflix April 21, 2022 The Bitcoin price is currently around $41,790 - roughly flat over the past 24 hours and week, suggesting consolidation or uncertainty ahead.
Letters: Next episode might be better? April 21, 2022 [Re: Netflix shares tumble as streaming giant loses 200k subscribers, yesterday] Quelle surprise, as the French would say. After years of being trapped at home having little else to do except watch TV, people have started to cancel their subscriptions for Netflix. If the streaming giant wasn’t prepared for this moment, then they really were [...]
Drinks focus: Makar Original Dry Gin is the best of Glasgow April 21, 2022 Makar Original Dry Gin is the first commercial gin to ever be made in Glasgow. Located within spitting distance of the Braehead Shopping Centre and a stone’s throw from Ibrox Stadium, the Glasgow Distillery makes a range of single malts, a blended malt whisky, a spiced rum, and botanical vodkas. But its largest range is [...]