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Online Banking and our mobile app are still working. Sorry if this is causing you problems - we’ll post an update when we have more information. pic.twitter.com/3wBWnjTyOT
Loans and Finance
Wednesday, August 28, 2019
Friday, August 23, 2019
The transport logistics company revealed a £2m discrepancy in its accounts last month.
Sebastien Desreumaux, currently head of iForce, will take over from Mr Laffey.
A review of its statements by new chief financial officer, Anoop Kangits, found that the 2018 adjusted operating profit figure of £55.3m was overstated by about 4%.
Publication of the firm's financial results for the six months to 31 May 2019 has now been delayed to early September.
The firm added that half year profits were likely to be "significantly lower" than suggested in a recent trading update, and that it is "applying a more prudent approach to revenue recognition".
Ironically the company's largest shareholder is troubled fund manager Neil Woodford, who holds a 22.9% stake.
Wednesday, August 21, 2019
"Just because you spent a lot of money on something, should not mean that you just carry on ploughing more and more money into it"— BBC Politics (@BBCPolitics) August 21, 2019
Transport Secretary Grant Shapps says it's possible HS2 rail project could be scrapped, as government review is announcedhttps://t.co/uS6B9WDvuN pic.twitter.com/q6q4tHYQcD
Monday, August 19, 2019
Thursday, August 15, 2019
Wednesday, August 14, 2019
Economists had expected inflation to drop to 1.9 per cent from 2 per cent in June.
However, official data showed an increase in the Consumer Price Index, driven by rises in the prices of games, toys, hotels, clothing and footwear.
Tuesday, August 13, 2019
Friday, August 09, 2019
Thursday, August 08, 2019
For good measure it noted that "BUR’s governance strictures are laughter-inducing."
The FT reports that Burford has lost £1.7bn of market value over two days. Its shares were down 46 per cent at the close.
Wednesday, August 07, 2019
German industrial production is collapsing wiping out the last 4 years of growth.— Dilip Shah (@DilipShah_) August 7, 2019
Likely Germany will have a recession 2019Q2 & 2019Q3 negative as weakness is spreading from Automobile to other sectors.
Troubled times for what was the #EU and #Eurozone most sucessful economy. https://t.co/IqnB4kTuVt
So the CEO of HSBC was fired yesterday and the rumor is this: the BOE found out that they were lending to the PBOC to prop up the currency. If this is true, this is nuts.— JoelHeyman (@JoelHeyman) August 6, 2019