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 […]

National Audit Office to examine UK’s Brexit divorce bill – The Guardian

Whitehall’s spending watchdog will scrutinise Britain’s Brexit divorce bill to make sure it represents value for taxpayers’ money, ministers have been told. Sir Amyas Morse, head of the National Audit Office, told the Treasury select committee that he will examine whether the bill, which is estimated to cost anything between £30bn and £90bn, represents value […]

UK defense minister Fallon resigns, citing past behavior – Reuters

LONDON (Reuters) – British defense minister Michael Fallon quit on Wednesday saying his conduct had fallen below the high standards demanded of his position, the first resignation in a sexual harassment scandal in parliament. A growing number of women and men working in Britain’s parliament have complained of inappropriate behavior by lawmakers, largely prompted by […]

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 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. […]

UK territories eligible for development aid – BBC News

UK territories eligible for development aid – BBC News

Media captionA British Virgin Islands residents describe the aftermath of two hurricanes Britain will now be able to spend official development aid on hurricane hit-islands after changes to international rules agreed in Paris. During this year’s hurricane season the UK government was not able to release funds to its Caribbean territories as they were deemed […]