Business

Deloitte Under Investigation Over Glencore Audits The accounting firm Deloitte is being scrutinized by the industry regulator over its audits of the FTSE 100 commodities and mining company Glencore, along with its UK branch, spanning eight years. The Financial Reporting Council (FRC) stated it is examining whether Deloitte’s audits

Coca-Cola has announced plans to introduce a product made with cane sugar sourced in the US this year, following recent claims by Donald Trump that the company would stop using high-fructose corn syrup. The decision was detailed in the company’s quarterly earnings report released on Tuesday. During an investor

The estate of Mike Lynch, who passed away a year ago when his yacht sank near Sicily, along with his business associate, must pay Hewlett-Packard over £700 million, a court has ruled. The American tech firm had pursued damages of up to $4.55 billion (£3.37 billion) from the

Bank of England Governor Cautions Against Major Relaxation of Banking Rules The governor of the Bank of England has cautioned the chancellor, Rachel Reeves, against significantly weakening financial regulations for the banking sector, warning that doing so could repeat the errors that contributed to the 2008 financial crisis. Andrew Bailey

The UK government has finalized an agreement worth over £38 billion with private investors to support the country’s largest nuclear initiative in decades at the Sizewell C site in Suffolk. The deal, long in the making, includes funding from the UK government, the French energy company EDF—which is

The UK government borrowed more than anticipated in June, adding pressure on the chancellor, Rachel Reeves, to address the country's financial situation. Data from the Office for National Statistics (ONS) revealed that public sector net borrowing increased to £20.7bn—up by £6.6bn compared to the same