Business

HS2 buys residential properties and land worth £600m

[ad_1] Image copyright PA Image caption The proposed route of the new rail line is expected to be completed by 2034 More than 900 properties worth nearly £600m have been bought by the company responsible for delivering High Speed Rail 2 (HS2), figures show.They include Whatcroft Hall, sold by comedian John Bishop for £6.8m, the highest price paid for any property.Campaigners opposed to the rail project said some homeowners had
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Competition watchdog recommends accountancy market overhaul

[ad_1] Image copyright AFP The UK's competition regulator has recommended a major shake-up of the UK's accountancy market.But it has stopped short of calling for the Big Four accountancy firms to be broken up.The Competition and Markets Authority (CMA) said auditing and consultancy services should be entirely separate.However, industry bodies criticised the proposals, with one saying there was no evidence that they would lead to better audits.The CMA's recommendations follow
Business

JP Morgan: Is Wall Street’s first female boss a step closer?

[ad_1] Image copyright Getty Images Wall Street could soon welcome its first-ever female chief executive after JP Morgan announced that finance boss Marianne Lake will take over running its consumer lending business.The promotion means that Ms Lake could be a potential successor to chief executive Jamie Dimon.At the same time, she will be replaced as finance chief by Jennifer Piepszak. Ms Lake has been seen as a contender to lead
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Ivanka Trump ‘declined father’s suggestion’ of World Bank job

[ad_1] Image copyright AFP Image caption Ivanka Trump is on a tour of Ivory Coast, where she visited a cocoa farm near Adzope Ivanka Trump has confirmed she turned down the job of World Bank head when her father asked if she was interested.Last week, President Donald Trump told The Atlantic he had asked her if she wanted the bank's most senior role "because she's very good with numbers".She has
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Nordea boss says climate protests are ‘just the beginning’

[ad_1] Image copyright Nordea Image caption Nordea Bank's Sasja Beslik said the climate change protests were "just the beginning" Climate change protests will become much more commonplace, according to the head of one of Europe's biggest ethical investment funds. The warning coincides with the arrest of nearly 300 people in London this week amid huge protests against climate change.Nordea Bank's Sasja Beslik told the BBC the protests were "just the
Business

Climate change: Central banks warn of financial risks in open letter

[ad_1] Image copyright PA Image caption Governor of the Bank of England Mark Carney contributed to the open letter The heads of two major central banks have written a stark warning about the financial risks of climate change.Bank of England governor Mark Carney and France's François Villeroy de Galhau set out the dangers to the global economy in an open letter."If some companies and industries fail to adjust to this
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EU proposes tariffs on £15bn of US products in Boeing row

[ad_1] Image copyright Reuters The EU has proposed tariffs on $20bn (£15bn) of US goods in a long-running dispute over Boeing aircraft subsidies.The proposal comes after the WTO said earlier this month that the US had failed to remove some Boeing subsidies.The EU move comes after the US said it was considering tariffs on about $11bn (£8.4bn) worth of EU goods in response to Airbus subsidies. And it comes after
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Helium balloons ’cause increasing number of train delays’

[ad_1] Image copyright Network Rail Helium-filled balloons have been blamed for causing hundreds of train delays for passengers across the UK each year.Network Rail wants to highlight what it says is a growing problem.The rail infrastructure firm has recorded 619 balloon-related incidents - many dangerous - across England, Scotland and Wales in the past year.Many incidents involve balloons getting tangled in high-voltage overhead wires, causing delays while the electricity is
Business

Juventus shares slump after Champions League defeat

[ad_1] Image copyright Getty Images Shares in Italian football giant Juventus fell by 22% on the Milan stock market on Wednesday morning, after the club was knocked out of the Champions League by Ajax Amsterdam.They recovered slightly but were down 15% at €1.43 (£1.24) in midday trade.The Dutch club triumphed 2-1 in Turin, in the quarter-final, second-leg tie, to take them through 3-2 on aggregate.Juventus has won a record number
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UK inflation remains at 1.9%

[ad_1] UK inflation remains at 1.9% for March, Office for National Statistics saysThis breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version.You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts. [ad_2] Source link