UK bank accused of ‘criminal complicity’ in South Africa scandal – BBC News

UK bank accused of ‘criminal complicity’ in South Africa scandal – BBC News

Image copyright PA Lord Peter Hain has said a UK bank should be investigated for “possible criminal complicity” in connection with corruption allegations in South Africa. Lord Hain told the House of Lords he had sent print-outs of transactions and named the bank concerned in a letter to Chancellor Philip Hammond. He said the bank […]

Tackle UK’s north-south divide with pledge on infrastructure, say experts – The Guardian

Britain’s north-south divide should be tackled by a government pledge in its new industrial strategy to provide every citizen with decent transport, schools, hospitals and digital access, an expert body says. The independent industrial strategy commission on Wednesday urged ministers to tackle Britain’s regional imbalances by committing to universal basic infrastructure – a guaranteed standard […]

UK manufacturing growth was stronger in October, says PMI survey – BBC News

UK manufacturing growth was stronger in October, says PMI survey – BBC News

Image copyright Getty Images British manufacturers reported stronger growth in October, driven by higher domestic demand and export orders. The IHS Markit/CIPS purchasing managers’ index (PMI) rose to 56.3 last month, from 56 in September. A reading above 50 indicates expansion. It was the fifteenth consecutive month of expansion for the sector, and will fuel […]

Brexit May Cost 75000 UK Finance Jobs, Top Regulator Says – Bloomberg

Brexit May Cost 75000 UK Finance Jobs, Top Regulator Says – Bloomberg

Follow @Brexit for all the latest news, and sign up to our daily Brexit Bulletin newsletter. Sam Woods, Britain’s top banking regulator, said a consultancy’s estimate that Brexit could cause as many as 75,000 job losses in banking and insurance is “plausible” if the U.K. leaves the European Union without a trade deal. About 10,000 U.K.-based […]

‘In the UK, it’s about survival’: Why UK publishers aren’t going all-in on video – Digiday

‘In the UK, it’s about survival’: Why UK publishers aren’t going all-in on video – Digiday

While publishers in the U.S. have “pivoted to video” in droves, those in the U.K. haven’t done so to the same degree, due to a smaller market, fewer VC-backed publishers and comparatively less reliance on Facebook. The much-mocked term “pivot to video” has become a catch-all phrase for replacing text-based journalists with video specialists. Since […]

Brexit fails to dent UK as a top place to do business – Telegraph.co.uk

Britain has maintained its place as one of the top 10 countries in the world for ease of doing business despite worries that political turmoil and the Brexit negotiations could dent the country’s appeal to companies. The UK is the seventh best place to do business, according to the World Bank’s annual report on competitiveness. […]