News And Announcements
Glasgow Prestwick Airport up for sale for the private sector
Glasgow Prestwick Airport will be put up for sale as the Scottish Government looks to return the facility to the private sector.
PwC fined £4.5m over 2016 Redcentric audits
Big Four accounting firm PricewaterhouseCoopers has been fined £4. 55m over its 2016 audit of IT management firm Redcentric, the Financial Reporting Council said on Thursday.
Opec cuts demand forecast as global tensions hit home
The Organization of Petroleum Exporting Countries warned on Thursday that the increasingly bitter trade war between America and China is undermining the global economy, as it revised down its estimates for oil demand in 2019.
US jobless claims unexpectedly tick higher
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to figures from the Labor Department.
Italy's Di Maio rules out fresh budget despite Brussels threat
Rome has ruled out passing another budget, despite facing formal sanction by Brussels for breaking European Union fiscal rules.
Help to Buy lending to people already able to buy a home - NAO
Almost a third of all buyers who bought their home under Help to Buy could have purchased a property without government support, the National Audit Office has found.
Gulf of Oman oil tanker crews rescued after 'attack'
The US Navy's Bahrain-based Fifth Fleet said it was assisting two tankers in the Gulf of Oman after receiving distress calls from the vessels amid reports of an “attack".